"Jiangfeng Trading Strategy Diary" Issue 28
Review of Issue 27:

Yesterday's trading strategy article suggested: BTC short at 64400, ETH short at 1905-1935. The subsequent rebound peaked at 64450 and 1924, while the lowest dropped to around 63283, achieving the first target. After the suggestion to reduce positions, continued speculation; Ethereum was relatively strong, only dropping to around 1872, and is still being held!

First, let's talk about today's strategy:

🚀 August 13 BTC/ETH market strategy Issue 28: Be cautious as on-chain data shows prices are entering an undervalued stage, shorts should be taken with light positions.

📌 Ethereum: Short near (1908～1918) for the initial position, add short near (1945～1970), today's extreme
1990, effectively standing in the short danger zone.

🏁 Target 1850～1815
🏁 Target 1780～1720
🎯 Target 1680

📌 Bitcoin: Short near (64100～64500) for the initial position, add short near (65000～65300)～66500.

🏁 Target 63300～62600 nearby
🏁 Target 61300～60800 nearby
🎯 Around 59000

⚠️: Note that there is a deviation in the above entry and exit points: BTC: ±100 points, ETH: ±5 points.

⚠️: Pay attention to position control, do not go overboard with heavy positions, participate with light positions, and keep it steady! All the above targets are support levels, take profit in batches according to your actual situation!

That's it, I am too lazy to write more, and everyone doesn't really enjoy reading it. Just look at the strategy, and the on-chain data and fundamentals will be analyzed in Monday's article! Writing so many words every day is painful for the hands! The simpler the better from Tuesday to Sunday!

What price shorts are you currently holding?

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