Tonight the US stock market should open down significantly, dragging Bitcoin lower. There are two key points tonight: the low point is 74000, which is the miners' bottom line, and the high point is the resistance level around 88000-90000!
At this time, Long Ge feels that we shouldn't hold spot positions, after all, we are not experts like Liangxi. Their sources of information are more accurate than ours, and their on-chain data analysis is at an expert level! Therefore, their understanding is destined to make money! What we need to grasp are the foolproof two-point lines: just the high and low points. We will go long at 74000 on a rebound and short near 89000 on a decline. There’s no need for so much line drawing data!
Tonight we are bearish, mainly shorting on rallies! Near 74000 we can buy a small amount at the bottom, and if it drops to 70000 we can exit!
