💰💰【Bitcoin Trading Strategy for March 7】🚀
📊Market Analysis:
Bitcoin has tested the 91000 mark multiple times recently, but the rebound lacks strength and has not effectively broken through, with bullish momentum gradually weakening. Influenced by news related to Trump, the market has seen a significant correction, and the rebound could not break through the 61.8% key level. It is expected that there is still downside potential in the short term. Close attention should be paid to short-term support levels; if broken, consider going short. ⚠️Note: Today's cryptocurrency summit may trigger significant volatility; be sure to operate cautiously!
🎯Trading Plan:
1️⃣ **Support near 87000**: If the price stops falling here, consider entering a long position; if it breaks the support, follow the trend and go short.
2️⃣ **Strict Risk Control**: The market is highly volatile, it is recommended to set stop losses to avoid unexpected losses.
💡Tip: The market sentiment is very volatile; it is advisable to operate with a light position and respond flexibly!
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