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Liang Qiu: For Bitcoin/Ethereum, buying on dips and rallies presents a good opportunity to add to your position.

2025-12-11 01:05:38
Shareshare
Bitcoin/Ethereum experienced another sharp drop in the early morning due to data releases. As mentioned earlier, Ethereum failed to hold above $3400 for more than half an hour, prompting a buy-on-dip strategy near $3400. Many of our long positions from the daytime session were closed with a small profit near $3350, leading to short positions. After adding to our positions, the average price reached around $3375-$3380. Bitcoin's overall average price was around $92600. After adding to our positions, we patiently held, waiting for further declines in the early morning. Data is ultimately just data; good news often turns into bad news. Targets to watch are $3280 and around $90500. Those who haven't entered short positions can enter at the current price of $93000 or $3400.
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