I wonder if everyone is satisfied with yesterday's surge. It's hard to say who is happy and who is worried. Even if you didn’t buy in at the lows, I reminded everyone during the afternoon to continue looking for a rebound. Bitcoin has also surged past the third target. Every time Auntie’s trend, whether it’s bearish or bullish, tends to extend a bit more, provided that it’s during a consolidation period for Bitcoin. Since we are now oscillating at a high level, we certainly shouldn’t chase the highs; let’s wait for a rebound to enter short!
Currently, Bitcoin is experiencing a high-level pullback without breaking 1085, continuing to rebound. Those looking to short can attempt at the overnight high of 1097-1095. If it breaks, look around 1105, with a stop loss near 1110. For a pullback, the initial target is around 1070, and if that breaks, then look at 1055-1050.
The secondary wife rebounded near 2560, and currently the rebound is to be shorted near 2600-2620. If it breaks, we will wait around 2640-2650, with a defense at around 2660. For a pullback, the initial target is near 2550, and if it breaks down, we will look at 2500-2450.
Overall Silk Road suggestion for the day is to short on rebounds. For those who have already entered the market overnight, ensure to manage your defenses and adjust according to your own position. #Gate用户突破3000万 #美股代币化 #特朗普马斯克分歧
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7.3 Thursday
Good afternoon, everyone!
I wonder if everyone is satisfied with yesterday's surge. It's hard to say who is happy and who is worried. Even if you didn’t buy in at the lows, I reminded everyone during the afternoon to continue looking for a rebound. Bitcoin has also surged past the third target. Every time Auntie’s trend, whether it’s bearish or bullish, tends to extend a bit more, provided that it’s during a consolidation period for Bitcoin. Since we are now oscillating at a high level, we certainly shouldn’t chase the highs; let’s wait for a rebound to enter short!
Currently, Bitcoin is experiencing a high-level pullback without breaking 1085, continuing to rebound. Those looking to short can attempt at the overnight high of 1097-1095. If it breaks, look around 1105, with a stop loss near 1110. For a pullback, the initial target is around 1070, and if that breaks, then look at 1055-1050.
The secondary wife rebounded near 2560, and currently the rebound is to be shorted near 2600-2620. If it breaks, we will wait around 2640-2650, with a defense at around 2660. For a pullback, the initial target is near 2550, and if it breaks down, we will look at 2500-2450.
Overall Silk Road suggestion for the day is to short on rebounds. For those who have already entered the market overnight, ensure to manage your defenses and adjust according to your own position.
#Gate用户突破3000万 #美股代币化 #特朗普马斯克分歧