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Friday Morning Jing Yi Trading Strategy Analysis
Yesterday continued to position for long-side trades, and the market was quite strong, hitting all take-profit targets one by one. Currently, the daily chart indicators are oscillating around the zero line and have formed a death cross, indicating that the current range may trigger an accelerated downward move at any time.
The 4-hour cycle indicators have also broken below the zero line. Key support at 67,600 should be watched closely; if this level is broken, there is a high probability of further decline to the 65,000–62,000 range. Short-term resistance zone: 69,300–71,000.
Trading Suggestions:
BTC: Short positions around 693–700, targets at 680, 650, 620
ETH: Short positions around 2080–2110, targets at 2050, 2000, 1900, 1860
The above is my personal opinion, for reference only. Please base your trading decisions primarily on #Gate正式接入Polymarket .