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[Today's Market Analysis - BTC - 8.5]
For educational purposes only in technical analysis, not as investment advice. Profit and loss are at your own risk.
👉 Plot: The short sellers have started to buy back, as mentioned in yesterday's daily report, there are signs of a bottom stabilization. Currently, the short sellers are further buying back. However, please pay attention to the risks; although there have been several days of buybacks, the overall strength of the shorts is still relatively strong. It remains a day trading strategy with small positions.
👉Position:
BTC pullback: 114, 113, extreme pullback, 109, intraday top 117
ETH pullback: 365, 357, 34, intraday top 38
🌟Intraday trading strategy: small long positions. Control risk, if encountering a large bearish candle, you can go short with the trend.