Friday 2.27 - BTC and ETH outlook unchanged, short positions.
BTC: Short
Currently quoted around 6.78, the daily trend is oscillating within the range of 7.25-6.2. Until major news comes out, the price is unlikely to break this range in the next two days.
The 4-hour price is trading above the Bollinger Bands, and the outlook remains unchanged, mainly focusing on short positions. For BTC shorts, consider shorting if the price rises above 6.83 again, or if it pulls back to around 6.80. Reiterating, focus on short positions.
ETH: Short
Currently quoted around 2035. Its trend is similar to the leader. If you caught a shorting opportunity yesterday, you can hold a light position this time, with a target of directly seeing 1800.
For entering ETH short today, a reference price is around 2060. For aggressive traders, consider shorting if the price drops by 10-15 USD.
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Friday 2.27 - BTC and ETH outlook unchanged, short positions.
BTC: Short
Currently quoted around 6.78, the daily trend is oscillating within the range of 7.25-6.2. Until major news comes out, the price is unlikely to break this range in the next two days.
The 4-hour price is trading above the Bollinger Bands, and the outlook remains unchanged, mainly focusing on short positions. For BTC shorts, consider shorting if the price rises above 6.83 again, or if it pulls back to around 6.80. Reiterating, focus on short positions.
ETH: Short
Currently quoted around 2035. Its trend is similar to the leader. If you caught a shorting opportunity yesterday, you can hold a light position this time, with a target of directly seeing 1800.
For entering ETH short today, a reference price is around 2060. For aggressive traders, consider shorting if the price drops by 10-15 USD.