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On Saturday and Sunday, I took a break. I didn’t watch the screen or pay attention to what was happening news-wise. I just opened my phone and swiped through—it was quite lively. The blond-haired guy got shot again, but I have to say, the old-timer seems pretty hard to bring down. Is the assassin not professional, or is the blond-haired guy just too tough? Over in the Middle East, they talked and talked—when they couldn’t make it happen, they kept talking anyway. The market seems to have slowly become immune…
This morning, Bitcoin surged to around 79,500. It tested that high for the second time. Don’t chase the breakout at the high—be careful about a rally that turns into a pullback, or a sudden plunge from the high. Some positions can be taken long, but some positions clearly can’t be chased up. Everyone should understand that: either go short, or stay on the sidelines. Last week’s viewpoint of shorting the ranges around 78,000 and 76,000 remains unchanged for now and is still effective.
For short-term trading, you can directly participate in shorts even at the current price around 79,000. As for profits, you decide for yourself. If it drops to 78,000 and 77,000, then for a short-term short, grabbing 1,000–2,000 points is more than enough.
As for Ethereum, it spiked up to 2404, then started to pull back. The current price is around 2390, and short-term shorts are also the kind you can enter directly. Short-term targets are down around 2330 and 2280. #WCTC交易王PK $BTC