Early Morning Analysis


The market is seeing intense long-short tug-of-war. Last night, the key support level of 62000 for Bitcoin was lost, and the price continued to drop to the 59000 mark before finding support and rebounding. The former support has directly turned into a strong resistance level.

Last night, early long positions triggered stop-loss and exited upon breaking the support level. By promptly adjusting the strategy and following the trend, losses were reversed. Subsequently, long positions were placed in the strong support zone around 59000, directly securing a significant profit of 1600 points.

Today's trading approach is clear. In the resistance zone of 61500-62000, short positions can be placed in batches. The downside target is 60000, and if broken, the next target is the 59500 level. $BTC $ETH #0成本拿2股SK海力士
BTC-2.96%
ETH-2.88%
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