I will place an order at 2920, and then wait to increase the position at 3090. The prediction is correct, long positions have not given up, there are too many shorting from above, and there is enough fuel. However, this kind of Bear Market cannot withstand Unfavourable Information, it is limited to shorting at high positions, do not open long positions.
View Original
100USDBravelyVentureIntoThe
The resistance level has been broken, and the Fed is likely to hold off on giving up long positions before the interest rate cut, while a large number of short orders are piled up above, waiting to short at high levels.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
I will place an order at 2920, and then wait to increase the position at 3090. The prediction is correct, long positions have not given up, there are too many shorting from above, and there is enough fuel. However, this kind of Bear Market cannot withstand Unfavourable Information, it is limited to shorting at high positions, do not open long positions.