Bitcoin $BTC 120K After a Surge, Is It a Pullback or a Reversal? Short Position Stop-Loss Strategy Reversal!
Let's talk about the situation with Bitcoin $BTC. Yesterday, my idea was to wait for the data to be released in the evening and then try to short when the price surged to 120K. The price movement yesterday was in line with my expectations, and in the evening, the price successfully rose above 120K. The current price is 119350, and I already have some unrealized gains here.
However, after the price hit 120K, it did not quickly pull back as I thought; instead, it seems to be holding around 119K. This means we have to consider the possibility that Bitcoin may slowly grind upwards. So for this short position on Bitcoin, I need to adjust my stop-loss strategy. If the price stabilizes at 121000, I will have to quickly stop-loss, and I might even need to switch to a long position.
Bitcoin has broken through the 120K resistance zone, and ETH has reached a new high this year! Alpha 10x opportunity has already emerged, and I have already bottomed out! While you are still doubting its authenticity, I have gone all in. There are still 15 spots available internally, sign up directly!!!
