【2024-7-31 BTC market trend】
Currently, Bitcoin is in a daily correction. We can make a short order in this correction cycle of less than 1 hour, but the profit of this kind of short is relatively small and the risk is relatively large. I do not recommend this. If you do not have an order, I suggest waiting. If the daily line does not fall below: 64852.7 (to stand firm), we will not short it. Of course, veterans can make short orders in a small cycle, and novices are prone to stop loss and the profit is small. This correction is expected to take about 4-7 days (if there is no negative news, the correction will end and it will go up). We can also choose some strong copycat varieties to make short-term long orders.
(Try not to do copycat coins if you don’t understand the market)
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