$BTC

7.9 Daily Report

Last night, the Heaven and Earth Needle came, and the short-order strategy was lucky to stop profit. From the four-hour level, the highs are falling, the lows are rising, and a volatile market is emerging. This kind of market is profitable for both long and short strategies.

During the sideways trading process, we should pay attention to the suppression relationship between the daily line and the middle track of the Bollinger Band. At present, it is just over 60,000. I don’t know how the volume will change at that time, but I personally think that there is a high probability that it will be inserted again. The current short-term strategy is to build positions in steps to prevent this move.

It should be emphasized that the so-called short-term strategy. It is not to open shorts directly at the current price, but to short at highs using the building conditions set by the warehouse. This strategy is still maintained today.