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Li Yaoyang's summary for May 4th
Yesterday's Bitcoin market was a classic case of a sharp rise attracting more buyers, rising rapidly, then falling even harder!
Just after breaking the 80,000 level in the morning, I immediately warned not to get blinded by the sudden surge. This kind of baiting move, a quick rise, is an opportunity to short.
Sure enough, at the midday high of 80,200, then 80,400 in the afternoon, and 80,500 in the evening, I nailed all those peaks with short orders. Every trade was solid and profitable, almost within reach, meat almost in the mouth, but those who didn't catch it really missed out!
Throughout the day, our rhythm never faltered. We recognized that the 80,000 level was a strong resistance. Once it was broken, it was a shorting opportunity. We took profits at each of the three highs, directly pushing the daily range above 40,000 USDT. The short positions didn't hesitate, they exited early, completely avoiding being caught in a trap.
Moving forward, the Silk Road remains unchanged. Don't chase after the trap and get caught off guard. Currently, there's still doubt whether the 80,000 level can hold. As long as it can't hold, every rebound is an opportunity to short. Keep shorting aggressively! #美国寻求战略比特币储备 #美联储利率不变但内部分歧加剧 $BTC $ETH