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7.21 Linmu Big Cake (two cakes) midday strategy
The current rally is viewed as “liquidity-boosting for repair,” not a trend reversal. Before the price reaches the 65720 key resistance level, the long trade’s risk-reward ratio is extremely poor. It is expected that after probing resistance, if there is consolidation (stagnation) or a long upper wick, it means the “short-term top” has been formed; at that time, it will be suitable to lightly bet on a pullback.
Trading plan:
Big Cake: rebound to around 66000-66500 to place a sell order (箜), targeting around 64500-64000
Second Cake: rebound to around 1950-1975 to place a sell order (箜), targeting around 1880-1840 #GUSD年化升至3.8% $BTC $ETH