$BTC
【Short selling based on yesterday's 7.28, 7.1, 6.95 are all positions for reducing holdings】
In the face of trends, do not be stubborn. You can notice that in the presence of a strong trend, if there is no reversal signal, divergence, or short-term bearish candlestick, I emphasize more on trading by holding positions.
As for how the targets are derived, 725 is based on the structural deduction from 5.89 here to 6.95, leading to the expectation of an ab=cd structure.
Thus, we can derive that 695 and 6.55 are two important positions; above these levels, we continue to look bullish, while a drop below will trigger a pullback.
