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Bitcoin surged to 82,800 yesterday and then pulled back, now oscillating around 81,500. The bulls seem strong, but the risk of chasing the high has already been maximized. Entering at this position offers very low cost-performance.
In terms of operations:
Consider buying on dips around 80,500-81,000, first watch for a rebound to 81,800-82,000. If it can't break through this range, just exit!
If it reaches the 82,300-82,800 range, try shorting lightly, first watch for a pullback to 81,300-80,800. If it breaks below, look for support below 80,500. Don't hold through the breakdown! $BTC $ETH