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Thursday Night Bitcoin (BTC) Jing Yi's Strategy
Be flexible in intraday long and short operations, with Four Dan Luo leading at 20140 USDT. Currently, the hourly chart shows a sharp rise followed by a pullback, with a rapid decline from the intraday high, continuously forming bearish candles, indicating that short-term selling pressure is obvious, and the bullish momentum is weakening. The short-term trend has shifted from relatively strong to relatively weak, entering a correction cycle.
BTC First Support: 768 (intraday low)
Second Support: 760~720 (previous oscillation zone lower boundary)
First Resistance: 777-782 (break below the platform level)
Second Resistance: 790 (intraday high)
Since the large range has not been broken, it is advisable to maintain a strategy of selling high and buying low.