The midnight market is once again pumping. The counter-trend short we provided has been waiting for the right entry opportunity, and we have made it very clear to wait for the rebound to end before planning the entry for the short order. If the market continues to rise, then we will not enter the short order. This is also the thought process we have mentioned frequently before. Entering a short order must wait until the rebound stabilizes before considering participation. Although we did not catch this wave of rebound, we also did not enter short, because we need to wait for the market to stabilize before considering short.

In fact, in terms of market trends, this round of Rebound does not have much space, because the high point of this pump is close to the high point of the last Rebound, which does not leave much room. Therefore, we should wait for stability before considering the next direction, rather than participating blindly. All entries should focus on being prudent, so we can stabilize our gains. From the current market structure, the cryptocurrency price will not offer a very high position for a Rebound. If the market shows signs of reversal, we will follow suit; until there is a change, we will maintain a bearish outlook.
Bitcoin shorted in the morning at 105500 to 106000, looking at 103000, Ethereum shorted at 3620 to 3650, looking at 3480. #GateWeb3LaunchpadBOB上线