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7.10 Chen Fei Talks Coin
After the Bitcoin market reached a high point of 112,000, the market began to pull back. The Bollinger Bands are opening and running, and the market has formed three consecutive bearish candles. The market is moving downwards towards the middle band, and both the middle band and MA moving averages are trending downwards. The Bollinger Bands are starting to narrow and run downwards, the KDJ indicator is trending downwards, and the MACD bearish trend is also gaining momentum. Therefore, it is recommended to short at the high points.
Bitcoin (BTC)
Direction: Short Position
Current Price: 111400～111600
Take profit: 110600～110200
Stop Loss: 112000
An 8-year veteran, skilled in various operational techniques, accurately grasping high and low points for unlocking positions, steadily managing trades without difficulties. Everyone is welcome to communicate.