Brother Liu's midnight big cake strategy analysis on July 2



In the evening, it surged to above 62,000 with strong short-term bullish momentum. The 4-hour moving average is turning upward. Liquidity is low at midnight, and after the surge, there is a need for pullback and washout, with an overall volatile bullish pattern.

Midnight trading ideas

Buy in batches at 61,000–61,600, stop loss below 60,700, target 62,300 for partial take profit and exit at 63,000

Light short at 62,300–62,600, stop loss above 63,000, target
61,800–61,500, exit directly upon reaching

Risk reminder: Use light positions throughout, strictly set stop loss, reduce positions in the early morning to avoid short squeezes! $BTC
BTC0.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned