The strategy for Bitcoin yesterday was precisely aligned, with opportunities on both sides. I wonder if all the fans executed according to the plan. If executed, it would mean profits on both long and short positions. As long as the price does not break the 91800-96000 range in the short term, we can continue to trade high on the short side and low on the long side.
Previously mentioned, the price of Bitcoin fluctuated too much in the past two days, with a movement of tens of thousands. Moreover, the cycle was very short. After experiencing such a drastic trend, the market's turbulent emotions are low, and Jiang Wei believes that the price will not break out of its current pattern in the short term.
The daily K-line remains below the middle track, and the MACD indicator shows bearish energy in a growing state. Overall, the trend still leans towards bearish, but do not chase if the bottom is not broken. Maintain a high short position, and there are also opportunities at the bottom.
Bitcoin intraday reference suggestions:
(1) Pullback: Long in the 92000-91500 area, target at 95500. (2) Rebound: Short in the 95500-96000 area, target at 92000.
The levels are for reference only. How to relieve worries? Only by maintaining vigilance.
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