7.16 Pancake Morning Thoughts
Yesterday we mentioned the target of looking downward from 120500 to 116000 has been reached. The market fluctuated significantly during the day, swinging several thousand points back and forth, and there is a lot of panic in the market right now.
Although the second target of looking downward from 118000 to 114000 has not been reached, both long and short opportunities were captured during the day. In the morning, the suggestion remains 'Sell High, Buy Low':
If it rebounds to around 118000-118500, you can short, with a target of 114000 and a stop loss set at 500 points.
If it drops to around 115000-115500, try a light long position, with a target of 118000 and a stop loss also set at 500 points.
#BTC再创新高 $BTC