7.2 Market Review



After a week of box-style consolidation and range-bound oscillation, a breakout finally arrived last night. During the day, we first took short-term longs off lower-level support. Driven by the Non-Farm data, the market surged—straight through a 2,000-point upside move intraday. The lower-level longs were able to exit smoothly.

After the price pushed up to around 62,100, bullish momentum clearly weakened. The advance stalled, and with selling pressure building at the higher levels, the market reversed downward. I immediately flipped at the current price to open a short position, and this trade reliably captured a 700-point pullback profit.

Throughout the entire day, we alternated between long and short operations. The BTC long trades collectively harvested 3,600 points, the short trades captured 700 points, and the total cumulative profit space for the day exceeded 4,300 points. Across the whole day, we executed five trades in total; the timing and price-point rhythm were all nailed down. Overall, the intraday profit locked in was over 25,600.

The rally driven by last night’s Non-Farm data is only a short-term rebound repair within the bearish trend. It’s a technical rebound, and while there is some room to the upside in the “middle” range, it won’t change the larger structure. Once this series of bullish tailwinds is fully digested, the market will still return to the shorts’ main rhythm.

The next plan remains unchanged: rebounds are opportunities to short. Wait for the market to surge again and meet resistance, then continue to short in line with the trend. In the short term, focus especially on the 63,000 level above. $BTC $ETH #非农爆冷打压加息预期 #非农爆冷打压加息预期
BTC2.31%
ETH6.09%
View Original
post-image
post-image
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