3.5 Market Analysis:

Recently busy writing a quantitative trading system, preparing to connect API bot hosting strategies, so the market updates are not timely.

Bitcoin BTC Market Analysis: In the past few days, Bitcoin has experienced wild fluctuations, and those with a strong risk appetite can gain thousands or even ten thousand points in a single day. However, I do not have the courage and missed the opportunity. Currently, Bitcoin has reached a one-hour resistance level of 87000, showing signs of a rebound.

Trading Suggestion: At the current price of Bitcoin between 87000 and 92000, you can enter short positions in three batches, with an average price of around 90000, stop loss at 94000, and take profit directly at 82000. A 4000-point stop loss to aim for an 8000-point profit is feasible based on the market's performance over the last two days. If you have patience and are not afraid of missing out, you can wait for a short position near 92000, with a stop loss set at 94500, aiming for a 10000-point profit. Of course, this trade needs to be held for more than two days.

Diligence leads to mastery; neglect leads to failure. The author diligently researches cryptocurrency trading, supporting the trading system with theory. All analyses are shared for free, with no intention of exploiting others. Everyone is welcome to communicate and improve together.

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