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Anyway, it's not the first time I've acted as a contrarian indicator. I went short again at 69000, and I'll add to my position if it continues to rebound. I'm looking at 66000 and 64000. If it breaks through 71500 effectively and holds above that level, I'll stop my losses. The recent minor fluctuations have been incredibly frustrating, and I wouldn't recommend trading them for the average person. A safer approach is to short if the price breaks below 67800 and fails to short, or go long if it holds above 71500.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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