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Review of the July 2 Market Summary
The overall bearish trend of the market has not changed. During the day, we first relied on the low point to lay out short-term long orders, taking advantage of the positive non-farm payroll data to drive the market upward. The overall intraday movement saw an upward amplitude of 2,000 points, and the low-long orders were successfully closed with profits.
The market surged to 62100 and faced resistance, stalling. The long momentum couldn't keep up, so we reversed and went short at the current price. This short order steadily captured 700 points of downside space.
Bitcoin's intraday long orders collectively captured 3,600 points, and short orders captured 700 points. With the back-and-forth layout of long and short throughout the day, we accumulated over 6,000 points of space.
A total of five trades were made that day, with well-timed entries. The intraday total profit was over 25,600 U!
The rally caused by the non-farm payroll data release was just a brief rebound and consolidation in the downtrend. We will continue to maintain the mindset of going short on bounces. Wait for the data to be fully digested, and then take short positions at subsequent rebound highs! $BTC $ETH #预测世界杯葡萄牙VS克罗地亚