[BTC is expected to fall back, how to deal with it on Friday? Where is the key point? 】
2024.7.12 9:15 am BTC market analysis
After BTC surged to 59800 last night, the first expected target has been reached. There are three must-read suggestions last night: 1. Short positions have a chance to enter the market on Friday and Saturday, but it is not suitable to enter the market last night; 2. The first target has been reached, immediately stop profit at 60-70% of the position, and set the rest to break even; 3. Pay attention to the first key point of 58300 and the second key point of 57500±200 last night;
There are meetings on Monday, Tuesday and Wednesday. If you did not take action, but could not help but take action last night, and you were trapped by quick entry and exit, then you must reflect on it, because if you always chase the tail of the market, it will be difficult for you to eat the fish!
BTC attention
Support 54500/53000
Pressure around 57500
The key point at the moment is 56300/55800. A sharp drop is a good thing, because last night we talked about the patience of short positions to wait for the opportunity to fall back on Friday and Saturday!
