Wednesday, early in the morning, wash a round first
This phase of consolidation is likely not to last through this week!❗
Currently, Bitcoin is still developing within a range structure. Be cautious whether going long or short; a sudden crash or a significant surge can catch you off guard. Remember to set stop-losses when speculating!
The downtrend remains effective; why consider going long if the upper resistance hasn't broken? The signals during the session provided clear plans for opening positions. The short-term structure rebounded to 96740, here it briefly spiked upwards, then continued to decline, retracting the gains. If we define this as the top in this short-term structure, then the subsequent opening strategy would be in the narrow range around 96200. The first position can still be entered; the previous high around 97450 forms strong resistance, stabilizing here means stop-loss!
At the same time, the short-term real-time follow-up short plan collects another round. Arrange for a market short at 96600, reduce positions near 95400, and leave a base position to run! Is there a profit space of 1200 points in between?
