For those operating with the big coin (Bitcoin) this morning, the short position at 108300-108600 was incredibly effective, hitting the market right on target, and it instantly dropped by 1400 points! However, don’t celebrate too early, in the short term, the big coin still has some momentum to sprint.
From the 4-hour K-line chart, it seems that the big coin is playing on a 'trampoline', bouncing up and down within a range. Currently, it is trying hard to climb up from the lower edge of the range, and when it reaches the lower edge and the middle position, it feels a bit tired, and the upward momentum has slightly stalled.
Therefore, in the short term, it still needs to 'catch its breath', accumulate some energy to break through the middle axis of the range, and continue to climb up, with the target being the upper edge of the range.
Here comes the practical strategy: If you want to participate, it is recommended to start 'buying, buying, buying' near the previous low point, which is around 1070, aiming for about 1085, steady and profitable, without rushing.
In short, today’s big coin is like a mischievous little jumping bean, after a drop it is ready to bounce back up. Friends who want to participate might as well keep up with the rhythm and not miss this 'jumping candy' market!
