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Good morning, I am Cang Shen Wang Ge
The current quote is 74,300. After a 5-minute spike to 74,900, it keeps ranging and consolidating under pressure. The bullish momentum is completely drained. Cang Tou has been building up power and is ready to strike. High-altitude shorting in the large range is the core Silk Road—strictly don’t let it keep you holding the bag!
Those who chase the price are all just bag-holder greens to take over. Cang Tou is the real king of the market! Trade Cang Tou with the trend, and harvest every burst of the bubble during each ranging move!
Short: Enter on the rebound at 74,900, set stop-loss at 75,000. First target: 73,000. Second target: around 72,500.
In the short term, it’s oscillating downward within the large range of 72,000-75,000. Rebounds are the time for Cang Tou—follow the trend and don’t become the bag-holder! #btc