$BTC Currently below the trend line, indicating a sign of a potential breakdown of the current trend.
Trend reversal is not that easy; the overall trend remains downward. This recent pullback is also nearing its end. There is little liquidity over the weekend; the market is expected to dip on Monday. Additionally, Japan's interest rate hike next week is also bearish for Bitcoin. Open a short position at 90,000. Set stop-loss at 91,500. Take profit first at 88,400.
Note: Position management and setting stop-loss and take-profit are the first steps in trading contracts. The capital used for opening positions accounts for 5%-10% of your total funds. The higher the leverage, the larger the position size.
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$BTC Currently below the trend line, indicating a sign of a potential breakdown of the current trend.
Trend reversal is not that easy; the overall trend remains downward. This recent pullback is also nearing its end.
There is little liquidity over the weekend; the market is expected to dip on Monday.
Additionally, Japan's interest rate hike next week is also bearish for Bitcoin.
Open a short position at 90,000.
Set stop-loss at 91,500.
Take profit first at 88,400.
Note: Position management and setting stop-loss and take-profit are the first steps in trading contracts. The capital used for opening positions accounts for 5%-10% of your total funds. The higher the leverage, the larger the position size.