The callback is in place, don't chase the shorts anymore, the thinking is reversed

It's a bit late to start today, quick battle, $BTC , the current coin price is 60700, pay attention to the short orders of Bitcoin 64300 on October 7, and the 60300 short orders were all pocketed in the early morning of today. The profit of 4000 points in the middle is still in line with expectations, so what should we do today? It is not advisable to continue to chase the shorts, the thinking is reversed, and low-long participation.

The current trend is as shown in Figure 1, which clearly points out the strong support level with the green range, 60300-59800. After touching around 60300 in the early morning, the coin price rebounded. This is also what was said in the article yesterday evening that it will touch around 60400 from the evening to today's noon, which has been verified one by one. In the daily chart, the RSI9 daily moving average shows signs of turning upward. In the four-hour level, the KDJ three lines turn around and spread upward, showing certain signs of reversal. Combined with the lower support pointed out earlier, it has also been tested. Then this position can be considered in part. It is not ruled out that it will break the 60,000 mark. Here it depends on the individual's tolerance and the courage to do orders. The defense should be controlled below 59500 (59400). If it falls below the effective level, admit the mistake and leave the market. The specific strategy is as follows:

Bitcoin is currently priced at 60700-60000. Long orders enter the market, defend 59400, and the target is 62000-62400-64200. After effectively stabilizing and reducing positions, continue to hold. The specific details will be updated later

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