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BTC weak oscillation grinding, patiently waiting for a signal of strength and weakness change
Such a drop? Did it violate some news? Or did something unexpected happen in the market?
Today’s US stocks, Hong Kong stocks, A-shares, and the entire crypto market all plunged. Yesterday, I publicly planned to go long at 636-639 and look towards 657, with a high of 656. Overall, all positions were closed out, and it was publicly stated that going short above 65 could be done. We entered short around 654, successfully switching between long and short positions in time. This afternoon, BTC directly dumped to around 618. Currently, 618 is a slight support, but the probability of breaking below 618 is very high. The main support is around 609, with resistance above at around 628. Overall, the market is still in a weak downward trend.
BTC trading suggestion: 609-613 range, defend the 60k level, target 629 breakthrough, 633-637#SpaceX暴跌16%市值蒸发4000亿 $BTC