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#ETH走势分析 Is this pullback a short positions opportunity?
Latest market observation: The hourly chart has continuous bearish candles, and the technical pattern has weakened. At the position of 0.179, a significant amount of capital has started to position itself in short positions. If you are still watching, you can wait for a rebound to get a better entry point.
However, a word of caution - the volatility of PIPPIN has always been fierce, so don't go all in on short positions. Either set a stop-loss line or enter in batches, don't go all in and get wrecked.
Short positions target? I see support around 0.08, which can be used as the first take-profit level.
I personally think the win rate of this short position layout at 0.179 is not low. Of course, in trading, technical analysis is just an aid; ultimately, it depends on how the market moves. Following the market trend is always more reliable than following one's instincts.
Recently, I have been paying attention to several: BID, GRIFFAIN, ARC, TRDOOR, SOL, ETH, PIPPIN. We can chat more about them later.