Target: BTC

Direction: Long

Entry point: 55500-56000

Stop loss price: 54000

Take profit price: 57000-58000

Type: Contract (within 20 times)

Cycle: Intraday short-term (DC prompt before 24:00)

Basis for long position:

1. The short-term decline is due to the short-term fermentation caused by the PMI data being lower than the previous value, and the performance of many financial targets is sluggish

2. 55000-56000 coincides with the previous low point, which is used as a technical basis for long position

3. The shadow part of the 4H K-line needs time to digest in the short term. In addition, before the release of ADP and non-agricultural data, the timing of a larger decline or rebound does not match the current stage, and there is no resonance of technical aspects + data aspects

4. Trend trading is mainly based on rebound shorting. Because the current stage is close to the low point, the transaction factors can focus on the rebound opportunity first

Note: There is no conflict between going long at low support and going short at high in the short term. Short sellers can wait for a rebound to the resistance level before trading.

The trading point is consistent with POW teacher's low-level long order idea. There may be some differences in the points, which can be used for comprehensive reference.

The above views are for reference only. You are responsible for your own trading risks. Pay attention to your position and risk control.