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Monday | Tang Long's Trading Strategy
A new week has begun, with both opportunities and risks present. First clarify the direction, then take action.
From the chart perspective: The 4-hour timeframe shows continuous weakness, dropping all the way from 68800 to 67900, with a clear downtrend channel forming. The key support level at 67300 has been tested, and the current rebound shows weak volume, appearing more like a technical pullback rather than a true reversal.
On the daily chart, the large bearish candle on March 19th essentially marked the top, and subsequent rebounds have consistently failed to break above 71000, showing weakness with each rally. Upside momentum is clearly insufficient.
Overall perspective: Weekly divergence + daily weakness + 4-hour downtrend structure + rebound lacking volume. The price center of gravity continues moving lower, and the market remains bearish biased.
The strategy is simple: Wait for rebounds, continue looking for shorting opportunities at higher levels.
Operation Reference:
BTC: Look for opportunities to short in the 68500—69200 range, targeting 67500—66000—65000
ETH: Short in the 2060—2100 range, targeting 2010—1960
One sentence summary:
Don't chase shorts; wait for rebounds then short. Following the trend is key. #Gate13周年全球庆典 #AnimocaBrands投资AVAX #美联储维持利率不变 #美伊战争进展 $BTC $GT $ETH