Bitcoin Trading Ideas:
The major cryptocurrency has seen a significant upward trend over the past couple of days, with the market showing a one-sided bullish momentum as prices rise. Based on the current market situation, the testing of the bottom appears to be completed in the short term. What we need to observe now is the resistance level above. After the previous drop from lower levels, it has compensated for the large drop in the chip area from earlier. We need to assess the overall market's consolidation strength. The high-pressure selling area is reflected around the 89000-90000 range, while the retracement zone is at 86000-86600. In the upcoming market, we are more optimistic about the rebound point around the 89000 level, with a micro btc1207.
Thoughts: It is recommended to enter long positions in the 86600-86000 range, with a risk control of 500 points. The target positions to look at are 88400-89400, then short again at 89400.
Director Dong has been engaged in cryptocurrency market trading for a long time. For friends who are still a bit confused in their operations, it may be beneficial to take a look at the teacher's strategies and videos, with real-time guidance available online throughout the day. If you find it difficult to grasp short-term trades or have less ideal control over medium-term trades, you can follow my Weibo: Director Dong's Real Trading Insights. Everyone is welcome to like and follow #Strategy增持比特币 #币安HODLer空投PARTI $BTC $ETH .