Bing Ge 3.15
The daily level price is suppressed by the middle track (approximately $86,000). After the 4-hour candlestick touched the upper track, it retraced, indicating strong resistance above. Following a series of bullish 4-hour candles, a technical correction may occur, but the bullish momentum has not yet been fully released.
In the short term, maintain high sell-low buy strategies between $83,000 and $85,000, and it is advised to observe with light positions before the weekend.
Short Position: Attempt short positions at $84,500-$85,000, with a stop-loss set above $85,500-$86,000, targeting $82,000-$81,500.
Long Position: If it retraces to the $81,500-$82,000 range, a light long position can be tried, with a stop-loss set below $80,500, targeting $84,000-$85,000.
Risk: If the price breaks through $86,000, be cautious of a rapid rise triggered by short covering.
