Are you confused at this time and don't know how to open an order? Lao Deng can be said to have been bearish since BTC reached 72135. Lao Deng will continue to be bearish in the next step, but this time the short is different. See Lao Deng's analysis below for details:
After last night's long and short double insertions, BTC's market was very quiet in the morning, and from the perspective of funds, the outflow of funds was very small. This shows that today's market has warmed up. Lao Deng thinks that this wave of market will be very smooth. We need to judge the range of this fluctuation to open an order.
This wave I see 69726 should be the pressure point of this fluctuation range, so we can open an order like this:
BTC: 68982-69400 open short, 70100 stop loss, 67318 take profit
(The current market does not rule out violent ups and downs, it is easy to insert stop loss, and those who do not accept loss can wait and see!)
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