Review of yesterday's Bitcoin strategy, the lowest point was around 79100, the highest point was around 80500, then it oscillated back and forth near 80200. The 79500 long position we provided yesterday yielded 700 points, all within expectations.



Non-farm data exceeded expectations, rate cut expectations were delayed, and the dollar strengthened, which is inherently bearish for cryptocurrencies;

The market remained stagnant at high levels, bullish momentum weakened, and the main trend is now leaning towards decline, making it suitable to take short positions.

Additionally, from the chart, there is divergence at high levels, with a lack of strength to push higher, showing a pressure-reversal pattern.

Today's trading suggestion: go short in the 80500–81000 range, with a stop loss at 81500, and target 77000. $BTC
BTC0.96%
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