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Bitcoin long position yesterday, perfectly taking profit. First of all, congratulations to the crypto friends who followed. However, after the price rose near 79,443 this time, it quickly pulled back. The bullish momentum at high levels is exhausted, the MACD bullish volume bars are continuously shrinking, and the double lines are also turning downward from a high position above the zero axis. The strong support level for the day is around 73,912 to 74,000, which is also the key support at the 38.2% Fibonacci level on the four-hour chart. A break below would mean the trend is completely turning bearish!
Short positions can be entered around 78,200-78,800, targeting near 77,000, with a break looking at around 76,500 to 76,000.
The market changes rapidly; strategies are for reference only. Use proper stop-loss and take-profit orders #美伊二轮谈判进展 .