Successful shorting of Ethereum? What should we do next? ZEC has rebounded by 30%! Let's talk about the next steps.
First, regarding Ethereum, around 3250 is indeed a high-pressure point. The price dropped immediately by 7% to 3060 after reaching this point, falling very quickly. However, we shouldn't be complacent, as there are still 5 days until the interest rate cut, and it's possible that the price could make a second peak, or it might, albeit with low probability, reach around 3400.
So if you're positioning for the long term, you can hold on as originally planned, and short the remaining position the day before the interest rate cut, entering in batches. After the interest rate cut, the price will gradually start to decline. If you're trading short-term, you can take profits on dips and short again before the interest rate cut as well. Also, don't forget that tonight at 11 PM, the PCE inflation data will be released, which may cause unexpected volatility. I will report the results to everyone as soon as possible, so remember to follow me~
Also, the ZEC rebound that Shuqin mentioned in the past few days has indeed taken off, rebounding 30% from 300. You can aggressively short near 460, although there is a bit of resistance around 420, which you can try; it's best to enter in batches.
Additionally, the BCH and WLFI mentioned earlier have also dropped quite a bit recently, which I have discussed before. As shown in the image, I took a screenshot when I took profits early this morning, which includes these few coins. I made 100,000 in one night, very quickly, operating together every day~