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The morning short position on Silk Road once again precisely targeted and reached near the first direct store point, temporarily breaking through the previous low. #GT 2025第二季度销毁
The downtrend is undoubtedly evident from the chart. For the subsequent take-profit levels, the strategy continues to look around 107000.
Several issues need to be noted, which have also been reminded multiple times:
1. The rationale for the rebound after breaking the previous low! After the rebound, continue to short as long as the key support level is not broken. It will still move within a range until it breaks out and shows strong continuation for a single direction. #马斯克计划成立美党
2. Where is the key support? It has been repeatedly indicated that the buying concentration area is near the 107000 line.
3. If it breaks below 107000, long positions will be liquidated completely, so the resistance at this level could be exceptionally strong! #MichaelSaylor暗示增持BTC