Weekend US market cryptocurrency prices are under pressure, breaking below the 100,000 mark
In the early hours, it touched a low around 98,100 and rebounded, opening at a drop point near the 102,700 area. The current K-line pattern shows a small bullish rebound, and this small rebound provides an opportunity for the bulls to cut losses; however, the overall trend still leans towards a downward movement, so it’s best to enter the market in line with the major trend.
Today's BTC short-term contract trading strategy:
Establish a short position in the price area of 101,400.
- If the price rebounds above 102,500, add to the short position.
- First take profit at 100,300 to lock in some profits;
- Second take profit at 99,500 to close all positions and exit.
Going with the wind is the opportunity【Written at 13:28】$ETH $BTC