High in the morning, slow decline during the day, steadily capture a wave of downward space

1.3 Friday, don't chase long positions when watching Dou, short first in the morning

There is no right or wrong in long and short trading; it's just about implementing the appropriate strategy at the right time. Many people find that setting stop losses often leads to being taken out, simply because they haven't grasped the correct position.

Yesterday, Bitcoin surged unilaterally, reaching a high near 97800, and currently retracing around 96800. The short-term reversal is under pressure below the middle track and has not stabilized above 98000, so excessive chasing of gains is not advisable at this time. Currently, there is a表现 of pressure, and for high positions, it’s advisable to watch for a short-term pullback before going long.

Current price in the range of 96950-97400 is short, looking at around 96200-95800.

If the lower range of 96200-95800 does not break down continuously, it could be a chance to go long and look for 98000.