The great waterfall is about to arrive, Bitcoin long-term positioning


Bitcoin and Ethereum have been in this range for 7 days, with no new direction given.
Today, Friday, likely aided by the Federal Reserve's leadership change, a breakout trend may emerge, leading to a sharp plunge!
Let's discuss today's trading strategy: Bitcoin has officially entered a correction phase, with the bottom estimated to test 720, and 760 is just a pause during the decline.
In the short term, 783 resistance is strong, twice suppressing the bulls.
If today it tests this level again, you can confidently go short with the trend, aiming for a large profit margin.
Trading suggestions:
Short around 78,000, target 76,000, and if it breaks, continue to watch for 72,000. $BTC $ETH
BTC-1.17%
ETH-1.02%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned