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Thursday, the 6th, Zhongling evening BTC/ETH Silk Road
Afternoon short positions gained another 2200 points!
Bitcoin's rebound is just a "trap" illusion, stay alert for resistance levels tonight!
During the day, Bitcoin dipped then rebounded, but the overall weak pattern remains unchanged.
After rebounding near 64,700, it failed to break through further, then fell back to around 62,500.
The short-selling strategy suggested in the afternoon was again accurately fulfilled, capturing 2200 points of space!
Strategy repeatedly validated, ideas continuously realized.
The current rebound is still a technical correction and has not reversed the overall downtrend.
Above, it is suppressed by the moving average system, and bulls lack the momentum to launch an attack.
As long as it cannot break through the key resistance with volume, any rebound can be seen as a trap.
Expect it to face resistance and fall back again tonight.
Trading suggestions:
Bitcoin range of 63,800-64,300 for shorting, daily target 61,000-61,500
Ethereum range of 1,790-1,810 for shorting, daily target 1,670
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