Although the market didn't quite reach our target levels, the overall situation is still quite good. Bitcoin dipped to around 66,500, and Ethereum dropped to around 1,975. The short position around 68,300 for Bitcoin could have gained about 1,500 points, and the short around 2,055 for Ethereum could have gained about 65 points. The reasons for the bearish outlook are very clear in the above analysis. The only minor shortcoming is that the price ratio hasn't accelerated downward, but that's acceptable since the positions have also increased significantly.
The signals and patterns during the tra
View Original