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Still bearish on BTC? Touching around 72000 thinking spring has arrived?
The overall trend these days has been moving in small fluctuations, which is really wearing on sentiment. The key point is that the brief rally is purely knocking out the short defense below. Currently, the market view doesn't show particularly strong momentum.
Yesterday we laid an ambush for short positions around 706. It initially rallied to around 707 before declining, with the lowest reaching around 693 before rebounding to around 70000 with minor fluctuations. During the Asian morning session, BTC pulled up from the 70000 level to above 719, but failed to break above 72. The 72-72.5 resistance remains very strong.
Direction: Short
Ambush Points: 72200-72600 short
Stop Loss: 800 points
Target: Break 707, targeting 703-694 $BTC #比特币站上七万美元