The previous wave of short positions had some that broke even, some that hit stop losses, and there’s a lot to say.

The small bearish candle in the short term also indicates that the current upward movement is somewhat struggling, and there has been excessive upward movement during the day. A correction is needed to repair indicators in the short term. If it continues to oscillate upwards, I believe it will correct near (early morning). The expected strength of the correction will be in the 4580/4500 range.

It is recommended to short once in the 4570/90 range, targeting 4500/4480.

(Please pay special attention: if the strength of the correction does not break below 4480, this round of correction will end, and it will subsequently advance towards 4800/5000. If holding short positions, be cautious of market changes.) #BitDigital转型 #美联储取消创新活动监管计划 #美国7月PPI年率高于预期 #中国投资者涌向印尼 $BTC $ETH