3.5 Bitcoin Market Analysis
Yesterday, BTC rebounded at the bottom and continued to rise by over 7,000 points. Recently, the market has seen significant fluctuations, which I believe everyone has noticed, with daily price movements in the thousands or even tens of thousands of points. Trading without taking profit or setting stop losses often leads to being stuck in positions or taking losses. Many people's trading strategy seems to be to hold on tightly to losses while failing to keep profits. Never hold onto a sense of luck; trust in technical analysis and comprehensive evaluation. Currently, the market continues to push against upper resistance. I do not recommend chasing long positions in this rapid surge; rather, we should focus on setting up short positions at high levels to maximize profits. Theoretically, there is a significant resistance point at 91,000, and I feel the market may reverse downward afterward!
Bitcoin Evening Recommendation: Set up short positions in the range of 90,500-91,500. Target: 87,000-84,000, Risk Control: 1,000 points #BTC走势分析 $BTC $ETH