Yesterday's $BTC was really exciting. It didn't rebound much, and it started to plummet directly, falling more than $3,000. This wave of bulls has blown up a lot of positions. The current market is so difficult to grasp, and we can only try to avoid risks. The contract emphasizes again that stop loss must be set!
It is also ambiguous whether the big drop yesterday was Grayscale's shipment and market crash!
It is difficult to grasp the position of shorting at high levels, but if someone really shorts, the benefits are quite objective!
At present, the big cake has not stopped falling from the market, and there is a trend of bottoming out again!
After sideways trading, a rebound will begin after the decline! Always pay attention to market dynamics, and you may as well eat a rebound after bottoming out again!
Short-term support below 59000 58000
Short-term resistance above 63000 64000
In terms of operation, it is recommended to wait for the market to bottom out again before making a layout. You can wait for the callback to around 59500-59000 to enter the market, and set the stop loss to around 58500. Direct sales can be done by yourself. Don’t worry about the volatile market!
