Good afternoon, everyone!
Following the rebound observed the day before yesterday afternoon, we will reassess the strength of the rebound early in the morning to determine entry points for short positions during the pullback. As of now, the market is still fluctuating, and the altcoin was almost stopped out, so we are currently observing the strength of the pullback. If we can't hold, we will close our positions first and look for other opportunities.
Currently, Bitcoin is experiencing a slight pullback, and we continue to look for rebounds on a smaller scale, aiming to enter around 1068-1071 (short positions entered early in the morning are still held). The stop-loss remains around 1085, and for pullbacks below, we initially target around 1046; if that breaks, we will look at the two levels around 1038-1027.
For the altcoin, we are also looking at a rebound for short positions during the pullback around 2580-2600, with a stop-loss near 2620 (make sure to manage the stop-loss for positions entered early in the morning). The initial target for pullbacks below is 2490, and if that breaks, we will continue to monitor the two levels around 2440-2380.
The Silk Road for the day continues to focus on short positions during rebounds. #Strategy增持比特币 $BTC