In the morning, the market is gradually rising, currently facing resistance after reaching 77,400. It has pulled back to the 77,000 area. This morning, a short position was suggested on Bitcoin's rebound around 76,500-77,000. Although the rebound exceeded expectations, there hasn't been much continuation in the short term.



A warning was given at midnight yesterday: if there is no rebound in the early hours, a rebound will definitely occur in the morning. Ultimately, this rebound arrived as expected. The short-term upward movement is blocked, and the rebound is essentially over. Bitcoin can be shorted at any point in the afternoon. The decline is expected to continue.

On Wednesday afternoon, my personal view is to short Bitcoin directly at the current price of 770, add to the short position at 775, and defend at 785. The target is in the 750-740 range. $BTC #加密市场小幅下跌
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments