#Strategy加仓BTC Bitcoin has been quiet since the early morning surge, but during the day it simply won't stop, continuously eroding downward. Looking at the 1-hour chart, the Bollinger Bands are tightening, and the KDJ has already turned upward, indicating a short-term possibility of another wave up. However, the 4-hour chart still shows a bearish pattern, so in the short term, it's best to sell on rallies.



Real trading strategy: You can try shorting around 95700, with a stop loss above 97000. The initial target is 94400. If it breaks below, then continue down to 93000.

$BTC $ETH These two recent correlations are still very tight, so be aware.
BTC3.31%
ETH4.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)