#美SEC推动加密创新监管 The short positions of BTC and ETH have been quite aggressive these past few days.
I still vividly remember the drop from the breakouts at 91000 and 3040 last night; this evening the market provided another opportunity. At that time, BTC was fluctuating in the range of 86300-86600, while ETH hovered around 2840. The technical indicators had actually shown signs of fatigue.
Sure enough, the market didn't keep people waiting too long. After a period of fluctuations, BTC hit a low of 83800, while ETH even dropped to 2718. Calculating it, BTC's decline was nearly 2800 points, and ETH also had a space of 120 points. For traders who managed to catch the rhythm, these past two days have indeed been a rewarding period.
However, the cryptocurrency market is changing rapidly, and market analysis can only serve as a reference. After all, there is always a delay when the information is released, and actual operations must rely on real-time market conditions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
5
Repost
Share
Comment
0/400
MEVHunterLucky
· 12-02 07:40
It fell again, let's shake hands and make peace, I really didn't copy to the end.
View OriginalReply0
BlockBargainHunter
· 12-01 16:58
Wow, this wave of buying the dip is about to da moon again, the short positions are really f*cking fierce.
View OriginalReply0
TooScaredToSell
· 12-01 16:53
I didn't enter a position at 83800, and it's frustrating to see others profit.
View OriginalReply0
RebaseVictim
· 12-01 16:42
Oh dear, it's another roller coaster market, it's exhausting to watch.
View OriginalReply0
WenMoon
· 12-01 16:32
I actually didn't buy the dip at 83800, still waiting haha.
#美SEC推动加密创新监管 The short positions of BTC and ETH have been quite aggressive these past few days.
I still vividly remember the drop from the breakouts at 91000 and 3040 last night; this evening the market provided another opportunity. At that time, BTC was fluctuating in the range of 86300-86600, while ETH hovered around 2840. The technical indicators had actually shown signs of fatigue.
Sure enough, the market didn't keep people waiting too long. After a period of fluctuations, BTC hit a low of 83800, while ETH even dropped to 2718. Calculating it, BTC's decline was nearly 2800 points, and ETH also had a space of 120 points. For traders who managed to catch the rhythm, these past two days have indeed been a rewarding period.
However, the cryptocurrency market is changing rapidly, and market analysis can only serve as a reference. After all, there is always a delay when the information is released, and actual operations must rely on real-time market conditions.