#Yesterday I gave a short selling idea in the Bitcoin 64900 area, and it has been fulfilled as scheduled! The overall trend is basically in line with our expectations!
At this stage, at the four-hour level, the overall operating channel has been shrinking and developing, and the price has dropped to 63200, which is enough to show that the small cycle lower track area of 63000 has a short-term support effect! Although there are currently signs of retracement in terms of rhythm, the overall continuation is not strong, and the market does not continue unilaterally forever. At this stage, looking back step by step is the norm, and large-scale retracements occur under various favorable circumstances. It is undoubtedly a good opportunity to buy long at a low position! The small cycle channel is shrinking, and the market trend is too likely to be a wide range of shocks! In terms of operation, you can still rely on the trend!
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Personal suggestions for operation:
Go long in the 63000-63300 area, look at 64000-64500 in the short term, and look at 65500 in the band!