BTC overall market momentum and operation analysis
In terms of a larger level, BTC is still in a long position. Therefore, it is better to operate with callbacks.
The main reasons are as follows: 1. Homeopathic orders have less pressure and more support below 2. Better profit and loss 3. Avoid the risk of chasing high and falling sharply
And in the case of a bullish trend 1. Spot players should look for a time to sell during the rise, and make up for a larger callback to increase the number of coins held 2. Contract players should place long-term long orders when callbacks, and look for opportunities to place short-term short orders when rising
----------------------------- Since BTC is currently at a historical high, fib Circles&Channet is used here to find possible pressure levels after breaking above
R1 is the first pressure, S1 is the first support, and so on
#Cryptocurrency market risk is high, please carefully assess operational risks This analysis is a personal comment and does not have any investment advice, please refer to it carefully.
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