【Buying low and selling high in ETH is as stable as a dog! BTC has fallen below 90,000, life and death hanging by a thread】
I have completely liquidated my positions at the two high points of ETH prices reaching 3,370 USD and 3,308 USD. Last night, I also gradually replenished my ETH spot positions at prices of 3,086 USD and 3,026 USD, while directly placing a hard stop loss order at 2,900 USD.
From the market trend, BTC has already broken below the lower support level of the daily rising channel at 90,000 USD. If the daily close tomorrow morning cannot regain the 90,000 USD level, market risks will further escalate. Therefore, I have placed a hard stop loss in advance to avoid potential risks. Conversely, if it can successfully regain this support level, there is still hope for BTC to challenge the resistance levels of 94,500 USD and even 98,000 USD. Next, we just need to wait for the K-line to give a clear direction.
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