#加密市场回调

8.3 Weekend Morning Market Overview: BTC Weekend Short Positions Profiting

BTC opened the morning with an upper and lower shadow, forming a bearish candlestick, with six consecutive daily declines, and both high and low points decreasing, shorting on highs

If a short position was opened at the resistance level of 11.4 yesterday, it would have profited over 2000 points; or if a short position was initiated after breaking the trend line at 11.31, that would also yield a profit of 1100 points; currently, the high and low points of Bitcoin are still decreasing, shorting on highs, waiting for low positions to catch rebounds, and observing the middle position

In smaller timeframes, Bitcoin is oscillating within a range of 2000 points between 11.2-11.4; the trend line at 11.3 is hovering, and the 15-minute chart shows a bearish engulfing pattern formed by the last two candlesticks, hence 11.3 serves as a watershed point for temporary observation; if unable to control, a light short position can yield 1000 points profit; conversely, a light long position can also yield 1000 points profit

Set up a short position at 11.4, defend at 11.5, target 11.3 and 11.2; set up a low long position at 11.2, defend at 11.08, target 11.32 and 11.4; weekend liquidity is lacking, and there is a divergence appearing with a shrinking rise

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