At present, Bitcoin has experienced a round of large rises, so it is key to pay attention to whether it can consolidate the low point and continue to trade sideways in its sideways range.
Since there are still many resistances above, it is recommended to pay attention to the 120-day moving average and the second resistance level, and wait for the opportunity of a pullback.
In the short message released yesterday, it was mentioned that from the current trend, I personally think that Bitcoin may have a new low. Therefore, after the rebound, pay attention to the vicinity of 64.5K. Bitcoin may have another chance to fall below 56550 points, and Ethereum's move to step back to $3,000 has not yet been completed. Therefore, you can ambush short orders when it rebounds to $3,490 and defend 30 points. If it breaks through $3,520 for the second time, you can short in the $3,550-3,570 range.
Bitcoin short-term pre-buried order strategy:
Long strategy:
Entry reference: Long in batches in the range of 62400-62800 US dollars Defense: 500 points Target: 63500-64000 US dollars
Short strategy:
Entry reference: Short in batches in the range of 64500-64900 US dollars Defense: 500 points Target: 63700-63300 US dollars
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