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2025/7/20 Bitcoin market reminder
Bitcoin will soon touch around 113000, and then touch around 110000. Brothers, whether it's Ethereum or Bitcoin short positions, it's already stable.
, from the bearish Bitcoin at 121800 until now, there has been no issue. Once the Ethereum high plays out, it will undoubtedly face a direct waterfall drop. I don't believe Bitcoin will drop another 5% while Ethereum can still rise 20% like before. If Ethereum cannot rise 20% during Bitcoin's decline like before, then there is a high probability that the "oversold pattern" will lock in the bullish sentiment above. Currently, the market is likely to oscillate slightly upward to lure more buyers, then accelerate the decline.
Even if there is no accelerated decline in the early morning today, there will be an accelerated decline in the early morning tomorrow. The first take-profit position for ETH is 3300, and the second position is 3100. Assuming it breaks below 3100, we will directly look at 2700, which offers a very favorable risk-reward ratio. Since everyone has added to their short positions at multiple key levels, we only need a pullback to around 3300 to generate profits. If it can reach 2700, we will be well-fed. The retail investors are all chasing longs now 😂.
Note: The win rate of the trade is completely unimportant. We set a small stop-loss and aim for the top. As long as we reach it, we can quickly satisfy our needs. Remember, do not hold onto the position.
#特朗普施压鲍威尔# #ETH突破3600#