Where will BTC go if it continues to fall? Where are the trading opportunities?
Since the straight-line decline started at 9:50 this morning, the market trend has been heading south. BTC and ETH have hit downwards for four consecutive times during the decline, and the long orders in the market have been severely liquidated. So where are the directions and positions of our operations?
Brother Qiang believes that the structure of this round of decline is fast first and slow later. At present, while hitting the long positions, some short positions have accumulated to follow the trend and short. The inertial acceleration at the tail end has not appeared. It is very likely that the upper and lower pins will touch the short-term bottom in the future.
Based on this premise, Brother Qiang gives the operation strategy here to wait for the rebound to take the short order and eat the profit at the tail end of the decline.
BTC short order entry range: 68800-68400
Expected profit stop point: 66700-66300
Stop loss point: 69400
Strategies are not absolutely accurate, judge according to your own situation
Friends who have not paid attention, please pay attention and keep up with Brother Qiang’s direction and strategy.
