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The market in recent days can be described as very conventional, especially after the short positions have formed a one-sided trend, every rebound is aimed at a better pullback. Since Monday, I have been laying out short orders, and this week has been quite rewarding. This includes the short orders from early this morning; those who have been following the strategy recently know that there have basically been small gains. Early in the morning, BTC rebounded to around 11,2800, then it started to pull back. Although there was only a few hundred points of space, it was still decent.
The daily candle of BTC has closed with a large bearish bar, completely engulfing yesterday's gains, and forming a bearish pattern. The strategy in recent days has revolved around short order positioning, and the downward channel on the four-hour level is still ongoing. In a situation where being short has been profitable, there is indeed no need to reverse and go long. It is best to continue to align with the trend of short positions. This morning, we still look downward, just remember to maintain good defense.
BTC 113200 short order, follow 111000
ETH 4260 short order, follow 4180#比特币跳水29万人爆仓 #币圈 #Gate全球首发上线YZY