Yesterday's long and short was simply picking up money within the 5000-point range.
程发发爱大饼
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Today's Bitcoin Market View on the Silk Road [Not Simple]: The trend since last Tuesday has shown a stair-step pattern, oscillating from the highest point of 99950 to around 93500 now. This long-term oscillation trend is also in our expectations. Every time there is a down adjustment, we remind everyone to seize the pullback and take a small short position. Eating a thousand points on each step is completely fine. #Finance#
From the current trend, the overall long-term expectation has not weakened and still looks positive. Bitcoin has been down from the highest point of 108360 for 13 days now, and 13 days is a Fibonacci turning point. Therefore, if it dips further today, falling below 92000 should present a buying opportunity. Today, we can pay attention to the 93000 level; if it breaks, no need to hesitate, we can directly look at below 92000. One can try to buy around 91800-92000 and aim for above 100000. Today, the short-term focus is still on 94500, and we can try to enter a short position nearby while monitoring 93000 #$BTC
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