1.8 Evening | Bulls are losing strength, the decline is not over yet, continue to be bearish
Unknowingly, it’s already evening. After a round of decline, Bitcoin is generally consolidating at a low level with slight fluctuations, the market is dragging its pace, Greedy traders will only be consumed by time, while rational traders have already taken profits in batches and exited safely.
In the afternoon, the market suddenly broke below the 90,000 level, with a low of around 89,600, then rebounded to around 90,700. Although the decline has not entered a continuous acceleration, the rebound also lacks strength and continuity, This structure of “room to fall, no momentum to rise” indicates that the downward pace has not yet ended.
Based on the overall market analysis, the evening strategy continues to focus on shorting during rebounds.
Operation reference: Place multiple short orders around 90,500 / 91,000 Target focus on the 88,000 – 87,000 range
Follow the trend, don’t fight the market, patiently wait for the market to complete its structure. #美司法部抛售比特币 $BTC
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1.8 Evening | Bulls are losing strength, the decline is not over yet, continue to be bearish
Unknowingly, it’s already evening.
After a round of decline, Bitcoin is generally consolidating at a low level with slight fluctuations, the market is dragging its pace,
Greedy traders will only be consumed by time, while rational traders have already taken profits in batches and exited safely.
In the afternoon, the market suddenly broke below the 90,000 level, with a low of around 89,600,
then rebounded to around 90,700.
Although the decline has not entered a continuous acceleration, the rebound also lacks strength and continuity,
This structure of “room to fall, no momentum to rise” indicates that the downward pace has not yet ended.
Based on the overall market analysis, the evening strategy continues to focus on shorting during rebounds.
Operation reference:
Place multiple short orders around 90,500 / 91,000
Target focus on the 88,000 – 87,000 range
Follow the trend, don’t fight the market, patiently wait for the market to complete its structure. #美司法部抛售比特币 $BTC