Thursday, March 27, Bitcoin Midday Trading Strategy!

In the current context, we need to closely monitor the price dynamics and trading volume changes of BTC. If the price fails to effectively break through the key resistance level of 88,500, accompanied by a decline in trading volume, it further confirms the formation of a bearish divergence, increasing the risk of a drop to the lower edge of the descending flag at 85,800. At this point, investors should act cautiously and avoid blindly chasing after price increases.

In terms of operations, it is recommended to maintain a wait-and-see attitude and patiently wait for a clear right-side topping signal. Once the top formation is confirmed, such as a double top or head and shoulders pattern, one can consider following the trend and placing short positions at the appropriate levels. Meanwhile, strict stop-loss points should be set above 90,000 to control risk and ensure the robustness of the trading plan. The current strategy is primarily to observe, and to wait for clear short-selling signals before taking action.

Yesterday, I entered 20 positions at 86,400, took profit at 87,600, with a profit of 24,000. I am holding long-term positions, focusing on long-term trades. Guidance is welcomed! #富达推进发行稳定币 $BTC