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The over 2,270 long positions that Ethereum gave have also been closed. Going forward, everything is mainly about short positions. Don’t be afraid of short-term rebounds; even if tonight the wick dips to 2400, I will still get on without hesitation, because that will make the short position’s location even more advantageous. Short in batches above 2310, with a short-term target of 2150, a medium-term target of 2180, and a long-term setup at 1930 and 1730#ETH
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The overall larger trend for Bitcoin remains bearish. Looking back, the short at 78,800 was indeed placed too early, and maybe it won’t give another chance to board the trade at a second higher high to short again.
Earlier, it was clearly stated that a big drop would be seen at the end of the month and in early May; next, fully execute: short on rebounds, short in batches above 77,500, short-term at 74,000, mid-term at 70,500, and for the long-term setup 65,500 as well as 59000#BTC
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I was originally a big bear, and my ultimate target of 2270 has been reached today.
At this point, I want to buy the dip on the rebound, but as soon as the pattern shifts, all the profits are wiped out.
🥹#ETH
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Everyone is bearish, am I the only one still holding long positions?
Ethereum at 2270 must be light, at least below 2250 before considering adding to long positions #ETH
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WorkHardToEarnMoneyAndSettle:
Steadfast HODL💎
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SOL, the rebound strength of the old third is still very weak. If it first drops to 82 and relies on support to buy long, and if it first rises to around 90, then sell short #SOL
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Bitcoin’s lower minor support is in the 77,200 area. If you want to go long on a dip, you can use this spot to set up a “head fake.” Try to focus on intraday short-term trades only. The first resistance above is at 79200#BTC .
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Following the previous approach, does Ethereum want to go long low or place orders in the 2250-2270 range? If you’re more aggressive, the current price of 2310 can also be used to try and test: #ETH
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No way? Can't the market just have a little perspective? It went up all day, but in just one hour, it all fell back again 🥹#ETH
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It has calmed down, and the chase has carried on, but still execute according to the established plan. The first target at 2350 has already been reached. If the “short position” isn’t heavy, there’s no need to reduce the “short position.” With the overall outlook, focus on 2450 and 2550#ETH .
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The lower minor support level for Ethereum is in the 2250 area, with the short position take-profit order placed at 2270. After it’s completed, consider reversing the position.
If you want to go long on a dip, you can place orders within the 2250–2270 range. First, look up to 2350. Considering Ethereum has a need for a catch-up move, the pattern suggests 2450、2550#ETH .
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Ethereum has been stuck at 2300 and can't go down further, the 4-hour chart has also closed above. Is there still a chance at 2270? #ETH
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XAU, after the post, gold rebounded to a high of 4832, just 20 points away from our entry point, and it was this mere 20 points that ultimately caused us to miss out on a 200-point downward move.
Trading is like this; even if the direction is correct, a deviation in the entry point can still cause you to miss the opportunity. Although it's regrettable, not losing is equivalent to making a profit. Just wait patiently for the next trading opportunity to present itself #XAU$XAU
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SOL, maintain the previous stance; directly go short near the 90 level #SOL
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On a short position laid out at Ethereum 2420 high, the pattern’s goal is 2270. Yesterday it was pinned to 2280, and then it quickly rebounded upward—didn’t have time to run.
Judging from the current trend, Ethereum’s rebound strength isn’t very strong. There’s still a chance it will later fall to the 2270 target level. Below, support on the smaller timeframe is in the 2250 area. That means after the short position is finished, it can be considered to bet on a rebound. First, look at 2350 above. Pattern from 2420#ETH .
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Around $80k for Bitcoin—if I don’t dare to short there, then when do I?
Right now, Bitcoin’s pullback strength isn’t very strong. Yesterday’s low only dipped to 76,500, and after that there’s still a chance to keep pressing higher and squeezing shorts. If you haven’t gotten in yet, you might as well wait a bit longer—above 79,500, go head-to-head and gamble at #BTC .
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The big one may not be far away.
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Expect a major decline from the end of April to early May, not just a short-term technical pullback, but a true plunge, with at least a ten-thousand-point margin.
The bulls are already like grasshoppers after autumn, a short squeeze may reappear, but it’s only the final struggle and will not change the overall downward trend in the medium term.
Approaching the 80k level, the long-term speculative value has reached its peak; don’t fear stop-loss. Even if there are temporary losses now, this trend-driven market can still deliver excess returns later.
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The current trend is fine; there's a chance to drop to the second target of 2270 tonight. After reaching this point, consider reversing position #ETH .
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The approach to Bitcoin operations hasn't changed much. Those who haven't entered the market yet and are close to the 80k threshold can continue to gamble, preventing false breakouts from sweeping the liquidity above. It is recommended to place a supplementary order at 80,800. Conservative traders can also consider 80,800 as an entry point. #BTC
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