The morning provided a successful take profit from the initial strategy, which was a bit regrettable as the profit wasn't at the highest point, but at least it was a gain!
Looking back at the market from the 4-hour cycle chart, the current market continues to show a sluggish oscillation trend, with an overall trading atmosphere leaning towards weakness. The K-line combination continues to be constrained by the middle track of the Bollinger Bands, with a clear dominance of the short position. During the morning period, although the short side attempted to launch a counterattack, the trading volume was severely lacking, resulting in a lack of continuity in upward momentum. The rebound has not yet reached the key resistance level before encountering intense selling pressure, indicating that the short side's defense line is solid.
In the afternoon, market sentiment further weakened, and the short side struggled to organize effective offensives, showing a divergence between volume and price. It is worth noting that near the key support level, the buying force is weak; if this defense line is broken subsequently, it might trigger panic selling, exacerbating the market's downward pressure.
Combining the current technical shape and volume performance, it is recommended to focus on the short side in the afternoon, seizing the rebound window to layout short opportunities.
Large Contract: 102000-102500 range short, target 101000
Aunt's Contract: 2260-2280 range short, target 2200
Market conditions are ever-changing; the above suggestions are for reference only, and specific operations should be based on actual situations!
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