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Four words: Don't go long for now!
I already warned early in the session—short around 74,500, with the first target at 73,000, and if that breaks, continue watching 71,500. Over the past two days, I’ve been emphasizing long-term short positions, and I kept reminding everyone before the US market opened—if there’s no rebound, go short directly. As you’ve seen, the market has indeed moved a solid 3,000 points downward.
The rhythm is very clear; it all depends on whether you execute.
Conservative traders can take full profits and exit first, then re-enter at a better position; the overall trend remains bearish, and the key focus moving forward is whether the 70,000 level can be broken to the downside.
The market waits for no one. When opportunities arise, whether you can seize them depends entirely on yourself. #Gate13周年全球庆典 #美联储利率决议 #美股收盘加密板块多数上涨 #Meta缩减元宇宙投资 #Grayscale质押1.92万枚ETH $BTC $GT $ETH