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End-of-year bosses are earning their year-end bonuses, right?
Those who didn't make money still have a chance to get in tonight.
Recently, the violent gold market has been making seasoned traders profit from gold… and crypto swing trading shorts have also made several gains…
If you understand the analysis of seasoned traders,
You can make good profits just by going long at the end of the year…
There are only two days left before the New Year,
Hopefully friends who didn't make money
Can continue to make a big move before the New Year…
👍👍👍
Market Analysis:
Bitcoin is expected to continue hitting new lows.
Gold won't crash suddenly for now…
Without funds entering the crypto market, it will remain sluggish.
If the economy doesn't improve, the number of players will decrease.
The crypto bull market requires three conditions:
1. Gold crashes, funds flow into crypto
2. Global economic recovery
3. Continued rate cuts, funds leave traditional finance and enter crypto…
Meeting these three conditions will take at least half a year,
Or even a year…
Therefore, if these three conditions are not met, or at least two are met, the crypto market will continue to be mainly long positions!👍👍👍
Year-end trading strategy:
Recently, a dip below 59,000 rebounded by thousands, followed by continuous decline… weekend rebound to shake out traders…
Around 70,000 is most likely the last double bottom opportunity for a thousand-point drop, or even the last chance for a 20,000-point drop.
Ethereum is similar…
😀😀😀
Trading reference:
Gradually short above 70,000 for Bitcoin…
If it breaks below 70,000 resistance, add light short positions.
Stop loss at 1,100 points.
Take profit at 67,722-65,555-62,888-60,666.
😀😀😀
Gradually short above 2,100 for Ethereum.
If it breaks below 2,100 resistance, add light short positions.
Stop loss at 101 points.
Take profit at 1,888-1,666-1,488.
Bosses, go all in!