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8-8 BTC afternoon trading strategy
Yesterday, I mentioned that the market would first decline to around 115600 and then show signs of a rebound. Currently, the strength of the rebound is not very obvious, but it is indeed due to the weekend. Therefore, our bullish trading strategy remains unchanged.
The current market is showing a fluctuation in the range of 117000-116300, and it is expected that there won't be much market movement over the weekend. We mainly need to pay attention to these two positions. It was mentioned above that the overall direction is bullish, so our trading strategy will focus on buying on dips.
Trading suggestion: You can wait for the market to pull back to around 116400 to go long. The first target is 116900. If it breaks, look for the previous high at 117200. If it breaks again, look for the previous high at 117500.