This article is machine translated
Show original
This round of rebound has ended. The main strategy is to short in the medium to long term, focusing on shorting at higher levels. A short position was entered on Saturday at 70800 and is currently profitable. The current short-term resistance zone for BTC is 71400-69700 (optimal entry point for short-term short positions). We are currently in the first wave of a 4-hour decline, waiting for the 4-hour consolidation to end and for confirmation of a second downward move. For those who prefer a more conservative approach, consider adding to positions at the rebound resistance level and wait for 72000-73000 before entering. Short-term long positions on the rebound should be avoided. Strict risk management and avoiding going against the trend are crucial.




Just leave it empty.
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content



