Monday Night Jing Yi's Trading Strategy Analysis


Is a change coming? Dear friends! Last night, Bitcoin surged to 76,200 but faced resistance, then retreated to around 73,600. It’s like a timely rain during the Grain Rain season, blessing spring, causing all the bears to celebrate. Jing Yi positioned for a swing trade, capturing 3,100 points on Bitcoin, and 145 points on the second wave. Afterwards, she quickly went long at low levels, successfully catching short-term long positions.

Currently, the market's highs are moving lower, lows are being refreshed, and the 4-hour moving averages are in a bearish alignment. The daily chart structure has broken down, so tonight’s strategy is:

Above resistance at 765 and 780. If there’s a rebound to these levels, go short aggressively. Support levels are at 750, 735, and the 70k mark (specific operations depend mainly on Shi Pan).
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