Be careful of BTC's highs and falls today!
The small range retracement trading strategy given yesterday is still okay. Although the number of transactions is not as many as Saturday, it should also be a small gain.
It was mentioned on both weekends that the market was slightly fluctuating and weakening. This morning, when the Nasdaq futures opened high and went high, BTC still hit a new low of 93,600 in the past few days, piercing the lower edge of the previously predicted large range of 94,000-107,000. When the prediction of this range was given in the post on the 21st, it was also clearly stated that it is safe to go long near or below the lower edge of the range of 94,000, and the success rate of going long at this position will be relatively high.
The Nasdaq futures rose in the afternoon and gave up some of the gains, but BTC was not affected much, but continued to rebound slightly. It is not a good thing for the Nasdaq futures to open high and go high today. If the increase is maintained until the opening of the US stock market in the evening, the probability of the Nasdaq opening high and then rising and falling will be relatively high. On the contrary, if the Nasdaq futures open low and continue to fall until the opening of the US stock market, it is easy to bottom out and rebound after opening low and then stepping on it.
The probability of BTC going up and falling today is still very high. Suggestions: 1. If you have long positions near 94000 in the morning, you can consider reducing or closing positions in the range of 96400-97400. 2. Short near 97300, stop loss at 98900, and target near 94000. Aggressive people can try shorting with a small position near 96500, and add short positions at 97300. The stop loss is the same as above, and the overall position must be controlled. 3. You can still go long if it falls back to around 94000 or below. #加密市场盘整 $BTC