The market took another hit, but luckily I shorted BTC at 62100 last night after a bounce on #BTC . I also shorted ETH at 1658 with #ETH , and the short-term play hit the first take profit level.
Overall, the market is still pretty weak; every tiny bounce gets smashed down. I recommend that the bulls be cautious and look for strong positions to play the bounce. If the support breaks, cut losses quickly. Holding onto positions can lead to big losses. If we break below 59000, we might see a sharp drop, and that would be a real mess.
Overall, the market is still pretty weak; every tiny bounce gets smashed down. I recommend that the bulls be cautious and look for strong positions to play the bounce. If the support breaks, cut losses quickly. Holding onto positions can lead to big losses. If we break below 59000, we might see a sharp drop, and that would be a real mess.