On Friday, Bitcoin plummeted sharply, breaking support and turning to short
Yesterday, the overall rhythm of Bitcoin showed a rise followed by a fall. After peaking at the 110,000 mark during the Asian and European sessions, it dropped straight down, breaking the strong support at 107,300. Today, turn the gun to short at the highs!
Today's trading recap
First trade: Bitcoin short entered at 109,629, exited at 108,814, gaining 800 points
Second trade: Ethereum short entered at 2,595, exited at 2,548, gaining 50 points
Third trade: Bitcoin long entered at 108,863, exited at 108,658, losing 200 points
Fourth trade: Bitcoin short entered at 108,658, exited at 107,593, gaining 1,000 points
Fifth trade: Bitcoin short entered at 109,629, exited at 108,814, gaining 800 points
K-lines change continuously with trading volume, and the market can rise after a fall and vice versa. All long positions from yesterday's daytime were hedged against the losses at night, and profits were fully returned. Fridays generally have big moves; we await opportunities.
From a technical perspective, the daily line has been falling consecutively, and the K-line is running in the middle and lower bands of the Bollinger Bands. The resistance range has been broken, so we can no longer treat it as a volatile market. Short at highs during the day, with the trend ahead and points following.
Bitcoin short in the 108,500-109,000 range, targeting 106,500,
Ethereum short in the 2,500-2,530 range, targeting 2,450
Yang Jie has always been here, loyal fans return quickly, let’s battle the market together! #美国加征关税