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The Don again criticizes Powell, yesterday's short positions made gains! 12.30 Bitcoin Auntie's Strategy
The Don talks again about the Federal Reserve: considering suing Fed Chair Powell, Powell should resign, I really want to fire him, but Powell's term is almost over. Maybe I will ultimately fire Powell. The Fed Chair candidate is expected to be announced in January. The short strategy given yesterday, Bitcoin can gain about three points, Ethereum easily over a hundred points, follow along and profit!
Bitcoin Auntie’s rally then pullback, the daily chart shows a long upper shadow on a doji candle, indicating strong selling pressure. The rally was blocked, plus the New Year holiday, more selling and cashing out, so don’t be overly bullish for now. You can continue to short on intraday rebounds!
12.30 Short Strategy:
Bitcoin rebound to 89000-89500, continue short, conservative entry at 90000-90500, stop around 91500, target near 88000-87500-87000, if broken, look at 86500-86000, continue to move stop-loss based on situation!
Ethereum rebound to 3000-3030, continue short, conservative entry at 3060-3090, stop around 3130, target near 2950-2900, if broken, look at 2870-2850, continue to move stop-loss based on situation!
12.30 Long Strategy:
Aggressive traders buy Bitcoin on pullback to 86000-86500, stop around 85000, target near 87500-88000-88500-89000, if broken, look at 89500-90000, continue to move stop-loss based on situation!
Ethereum on pullback to 2860-2900, buy, stop around 2820, target near 2950-2980, if broken, look at 3000-3050, continue to move stop-loss based on situation!
Recent oscillating pattern has not caused losses; high sell and low buy every day, making profits daily. Once this pattern breaks, follow the trend. Currently, there are no major positive or negative news triggers, so avoid blindly chasing bullish or bearish moves!#加密行情预测