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3.23 Big Coin and Ether Morning Thoughts
A new week just started, and the market went crazy directly — you could say blood flowed like rivers. Gold plummeted, Nikkei and Korean stocks collapsed collectively, Middle East tensions continue to ferment, and market sentiment has completely collapsed.
Currently the daily line closed yin again, coin price directly pierced the hourly line, four-hour Bollinger lower band, with short pressure holding. Even if Ether is slightly harder, it's clearly at the end of its rope, rebounds are laborious.
So right now if there's a rebound, short it. Don't rush to catch the bottom. In this market, licking blood from knife edges — one step slow is an opportunity, one step fast is a trap.
Personal Suggestions:
Big Coin: Enter short at 68500-69200, target down to 67000, 66000
Ether: Enter short at 2070-2100, target down to 1950, 1900
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