Bitcoin Trading Strategy Review and Afternoon Thought Update
Yesterday's Bitcoin trading strategy suggested to lay short positions around 95000, with a target price set at 90000. Although the final actual price differed from the target price by several hundred points, the overall trading direction was correct, still allowing for some profit, though the amount of profit varied.
As we enter the afternoon session, Bitcoin has shown a continuous upward trend, but its upward momentum is relatively weak, failing to exhibit strong upward driving force and good market performance. Based on this, the current afternoon trading thought still leans towards a high position short strategy. Specifically, it is recommended to follow up with short positions around 94000, expecting a decline of 2000 - 4000 points, aiming to achieve profit targets by capturing this potential downward trend. Of course, during the trading process, close attention must be paid to changes in market dynamics, flexibly adjusting trading strategies, and implementing risk control measures to respond to possible market situations, ensuring stability and profitability in trading.
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