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Monday Midnight Jing Yi Trading Strategy Analysis
In the evening, Bitcoin surged to 69,449 before consolidating and pulling back, currently trading around the 68,800 USD range. The short-term rebound faced resistance, with significant selling pressure above, and the bulls failed to sustain the upward momentum. Overall, the market remains in a high-level consolidation with a weak bias. During the early hours, market volatility persists, so the strategy is to mainly short on rebounds, strictly controlling position sizes and stop-losses.
Trading Recommendations
Bitcoin Short in the 692–698 range, with a short-term target of 680, and a swing target of 675-660
Bitcoin Short in the 2035–2050 range, with a short-term target of 2000, and a swing target of 1950-1880
The above are personal opinions and for reference only#Gate2月透明度报告