Trading with hands ⚡
No need for others to lead, see the current trend at a glance ⚡
Bitcoin is consolidating around 93000, with more short-term trading opportunities before a strong breakthrough of the trend line. The short-term pressure is basically around 92000, with opportunities for both short and long positions, reasonable application of support and resistance!
Below, there are clearly three support positions at 88700-86700-85200. The direction of the game is the stabilization signs in the area of 92000, so why consider higher or lower positions? If the short-term structure hasn't established a viewpoint, there's no need to pay excessive attention!
Currently, the area around 88700 is expected to extend downward, and the advantage of short positions at high levels is very significant. If this area breaks down, it is highly likely to evolve into a waterfall, ultimately looking towards the area of 85200.
How to operate in the current structure? The current price of 92200 has reached the final target of the short position around 90000, and we have already advised everyone to exit, making a profit of nearly 2000 points. A slight reversal at 90800 still allows for shorting, looking for a waterfall down to 88700-86700 here!
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