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$BTC The Final Drop of This Bear Market Cycle ❓
First, let's discuss the trading strategy, then explain why ⬇️
1. Strategy:
When BTC drops to around 74,000, there may be a rebound. Keep an eye on it recently, in the 74,000-76,000 range, you can consider shorting if there are bearish signals. Then hold the short position for a long time, and close it about a week after the World Cup starts. As long as you don’t get liquidated, you don’t need to worry.
2. Why?
1️⃣ First, look at today's news:
💥💥 Escalation of US-Iran conflict, crypto market plunging into extreme panic, BTC price leading the drop—BTC is once again viewed as a “risk asset”;
2️⃣ Next, look at the candlestick chart:
The price has successively broken below 75,985 (the 0.382 Fibonacci retracement level) and 74,800 (the previous low).
So the market will either continue to fall at this level or rebound a bit before falling again 🤯
Personal strategy analysis, for reference only 😘#24h加密合约清算破4亿美元