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Evening Analysis
The intraday short-term ended the long-term narrow-range consolidation. The price surged to test the 607 level and faced resistance. Bullish buying quickly faded, and bearish selling pressure concentratedly emerged. The market moved unilaterally downward to around 598 for low-level consolidation, forming a weak pattern of a spike and retreat.
The resistance zone of 606-615 above is firmly suppressing. Small upward pushes cannot hold. Before the price effectively breaks through this resistance zone, operations should continue to focus on shorting at highs.
Trading Suggestions
BTC: place short orders around 60800-61300, target around 59000 $BTC $ETH #TradFiCFD黄金大师赛