Chu Yuechen: Bitcoin/ETH Contract Trading Reference (May 29)

2026-05-29 04:32:26
Shareshare
Chu Yuechen: 5.29 Bitcoin/ETH Contract Trading Reference Core Principles: Currently, we are facing a triple pressure of "stagflation + tightening liquidity + capital outflow," with long-term institutional benefits (ARMA Act, Federal Reserve payment accounts) decoupled from short-term prices. Sentiment indicators are at "extreme fear." I have been emphasizing shorting recently. The short order given yesterday morning at 74500 had an immediate effect. Shorting again at 73500 last night yielded good profits. Intraday short-term resistance is around 74000, so for trading, consider shorting between 73500 and 74000, with a short-term take-profit at 72500 and a larger take-profit target of 71000-70000. Place the stop-loss above 75000. ETH is also being traded in tandem; consider shorting around 2020, with a stop-loss at 2070, a short-term target of 1970, and a larger target of 1900. Friends who want to discuss trading together can check my profile; I will provide timely real-time order alerts.
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