The current market trend of Bitcoin (BTC) is attracting attention in the Crypto Assets market. Although Ethereum (ETH) is performing strongly, BTC has not yet broken through the $115,700 mark, which presents a potential shorting opportunity for short-term traders.



Traders are advised to consider setting short positions near $117,588 (with a margin of error of $200). The target take profit level is $116,088, while the stop loss is set at $119,088 to manage risk. This strategy uses 100x leverage, with a total margin of 3%.

It is worth noting that if the order has not been executed by noon the next day, it is recommended to cancel the order. This flexibility helps to avoid prolonged exposure to unfavorable market fluctuations.

Important reminder: The market is constantly changing. This strategy is for reference only and should not be the sole basis for actual trading. Traders should reasonably manage their positions based on their personal risk tolerance and closely follow market dynamics to adjust their strategies as needed.

Before making any trading decisions, it is essential to conduct a comprehensive market analysis, considering various influencing factors including but not limited to technical indicators, fundamental data, and overall market sentiment. Remember, the Crypto Assets market is highly volatile, and the risks of high leverage trading are greater, so please operate with caution.
BTC-0.52%
ETH3.36%
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ILCollectorvip
· 08-07 13:21
Short is like jumping into a fire pit.
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GasFeeVictimvip
· 08-07 04:33
100 times? The clown is actually me.
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0xLostKeyvip
· 08-06 15:14
100x is really daring to play!
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GasFeeDodgervip
· 08-04 15:50
Tsk tsk, a hundred times leverage is simply looking for death.
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GateUser-5854de8bvip
· 08-04 15:47
What's going on with 100 times? Giving away money?
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GateUser-e51e87c7vip
· 08-04 15:39
100x? Following along has already been swept away.
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