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$BTC 4.21 BTC mentioned yesterday during trading that there are two key levels at around 750 and below at 738. The downward strategy given yesterday at 750 has already resulted in a small loss and exit. After the price moved from below yesterday to above 750, the main funds continued to increase their positions, including additional buying at 2 a.m. and 11 p.m. yesterday. As of now, there are no signs of the main funds fleeing, indicating that there is still significant short-term support. Previously, I mentioned that the upward channel had been broken. We still need to watch whether the price can stabilize effectively above 760. If it does, the main funds could lead retail investors to push the price higher! The area above 768-760 is a vacuum zone! On the downside, focus on the dense area around 750! My personal view is to short below 738, and if the price stabilizes above 760, it could target the 1000-point vacuum zone above!
Operation suggestion: consider going long within the 755-760 range, with a small stop at 752, aiming for targets at 768-775.
For the downside, short below 738, with a stop at 742, aiming for targets at 728-720.