Post
--
MiMi哥
·
--
Bitcoin Afternoon Analysis:
From an overall structural perspective, Bitcoin is still bearish: looking at the current technical trend. The morning session saw a washout-style market with both upward and downward spikes. During the morning's pullback phase, it has effectively broken below the key support level. The subsequent market has seen a rebound with spikes both up and down. In the short term, it seems that there is ample upward space, but after the core support level below was broken. The bearish trend will continue to decline. Don't blindly try to catch the bottom. In terms of operations, still look at the continuation of that rebound. When reaching the key resistance level, choose to position short orders. Without further ado, let's get straight to the strategy.
Short at around 67,400, targeting about 65,500.
Short at around 2040, targeting about 1955.
From an overall structural perspective, Bitcoin is still bearish: looking at the current technical trend. The morning session saw a washout-style market with both upward and downward spikes. During the morning's pullback phase, it has effectively broken below the key support level. The subsequent market has seen a rebound with spikes both up and down. In the short term, it seems that there is ample upward space, but after the core support level below was broken. The bearish trend will continue to decline. Don't blindly try to catch the bottom. In terms of operations, still look at the continuation of that rebound. When reaching the key resistance level, choose to position short orders. Without further ado, let's get straight to the strategy.
Short at around 67,400, targeting about 65,500.
Short at around 2040, targeting about 1955.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.