Yesterday mentioned the short selling watershed of over 103000; last night it broke through this key position, reaching a low of 98888. The price is still below this watershed, and as long as there is a rebound, one can short into it.
Aggressive: short around 101700, conservative: short around 103000
The loss from the last long position has been recovered, and the 104700 short position has made some profit. Now there aren't any opportunities to add to the position, but there are opportunities to reduce the position
The price has broken down continuously without any sign of a rebound. Currently, the key level to watch is 103,000, a crucial support/resistance level. A break below this level would likely accelerate the price decline, so aggressive traders can short now.
Short around 104,700, add to the short position at 105,700, with a target of 102,000.
I had to go out for an urgent matter and couldn't monitor the market, so I closed my long position with a loss of 400 points. After handling the matter, I will re-establish my layout close to the US market session.
Bitcoin is currently near support on the daily and weekly charts. Maintain a short-term defense; if it gets hit, be prepared to respond quickly. Choose your defense position and act accordingly.
Bitcoin has pulled back, giving us the opportunity to enter the market. This is a reversal to take on passengers.
Currently, the market is pulling back, and we are waiting to enter long positions. The 103,000 level is the dividing line between bulls and bears; if it cannot be held, it will turn bearish. For now, the bulls are still stabilizing, so the pullback is normal.
Go long directly at 104700, with a target of 108000.
Now is a typical situation where it doesn't drop quickly and doesn't rise at all. Trading should not be gambling; all long positions should be stopped out.
The morning saw a slight weakening, ultimately closing at a low point. Today's intraday strategy is to go long first and then short, with a key focus on the struggle around the integer 3,700. Now, near 3,730 below, we can go long
Today's first point is, do not easily chase shorts. Especially after missing the earlier short position, now participate in longs after hitting the bottom. There will be a rebound at the beginning of the week, but it won't be too high.
Buy around 108700, target at 111000. Like and comment 888
Today suggested short at 111500, successfully recovered yesterday's losses. Actually, yesterday wasn't a loss, just unrealized profits, it just didn't reach the target.
As usual, fans who shorted, don't be stingy with your 666.