Sunday morning Jingyi’s operation and positioning thoughts



The weekend market走势 is clearly abnormal. BTC surged higher by riding the residual heat from Friday, testing the 650 resistance. As the conflict between Iran and the United States continues to escalate, tensions in the strait remain high, and crude oil is very likely to rise sharply on Monday. The risk-off sentiment is intensifying, but cryptocurrencies are rallying against the trend. This round of上涨 has no fundamental support; the spike up is only to build strength for a subsequent pullback. Overall, the outlook remains bearish, and you should not be misled by short-term illusions.

Trading suggestions
Short BTC around 655, targets 642-620-60k mark
BTC3.28%
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AltcoinObserver
· 07-18 23:54
Why don’t you open a trade yourself? 😅
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