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Jingyi plans for Bitcoin to reach 3,500 to 7,500 points in the long term. The specific strategy is as follows:
Bitcoin's rebound is weak, the downward trend continues, and there is a possibility of a sharp decline. Let's discuss today's trading ideas: Bitcoin has officially entered a correction phase. The current bottom is estimated to test 720, with 760 being just a pause during the decline.
In the short term, 783 is a strong resistance, having suppressed the bulls twice. Currently, it is advisable to mainly short in line with the trend. Next, continue to look for high-altitude positions. The 780 level has been tested twice; if it is tested again, Jingyi suggests a pressure zone around 795, where short positions can be added again. The target is a decline to 760-720, which can be taken as a safe zone! The second Bitcoin trader can operate simultaneously.
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