Bitcoin Trading Strategy:
In the past two days, the price of Bitcoin has shown significant changes as the bottom chip area has broken through upward. The price is trying to stabilize, and after a short period without breaking upwards, the continued drop proves that the selling pressure point at high positions is decreasing. After rebounding from the bottom of 98000, the space indicates that the market is quickly warming up, proving that there is still greater rebound space. This should be our opportunity for the bulls to rise again, which also indicates that the price is entering an unprecedented adjustment. The four-hour and daily lines have basically completed the adjustment, and the initial test at the bottom has been made.
Strategy: It is recommended to enter short positions around 98800, aiming for a target position of 97400-96800; if it breaks 95000, look at 94300 before going long again.
Director Dong has been engaged in trading operations in the cryptocurrency market for a long time. For friends who are still a bit confused in their operations, it might be helpful to check out the teacher's strategies and videos, with real-time guidance available all day. If you find it difficult to grasp short-term trades or feel uncertain about mid-term positions, you can follow my Weibo: Director Dong's Real Trading Insights. Everyone is welcome to like and follow.