7.28 Big Bing midday market outlook
Big Bing is currently trading around 63414. The order book bid-ask ratio being +0.07% indicates a basically balanced market. During the day, it has continued to fall from the 65722 high to 63021, followed by a slight rebound. It is currently in a weak repair phase after an oversold drop. The earlier attempt to break higher toward 66924 was rejected and met resistance; it then repeatedly failed to hold key support levels. Downside room has opened further, the attacking momentum of the “tou” side keeps fading, and any rebound should be treated only as short-term technical repair—do not blindly bottom-pick.
Trading suggestions:
Do “Bing” (main strategy, sell/short on rebound highs)
Entry: 63700-64000, scale in
Stop loss: 64500
First target: 63000-63020
Second target: 62600-62700
Do “Duo” (secondary strategy, only if strong support shows stabilization signals)
If price retraces to 62600-62700 and clear signs of stopping the decline appear, enter “Duo” with a light position
Stop loss: 62200
Target: 63500-63700
$BTC #美国存储股扩大跌幅
Big Bing is currently trading around 63414. The order book bid-ask ratio being +0.07% indicates a basically balanced market. During the day, it has continued to fall from the 65722 high to 63021, followed by a slight rebound. It is currently in a weak repair phase after an oversold drop. The earlier attempt to break higher toward 66924 was rejected and met resistance; it then repeatedly failed to hold key support levels. Downside room has opened further, the attacking momentum of the “tou” side keeps fading, and any rebound should be treated only as short-term technical repair—do not blindly bottom-pick.
Trading suggestions:
Do “Bing” (main strategy, sell/short on rebound highs)
Entry: 63700-64000, scale in
Stop loss: 64500
First target: 63000-63020
Second target: 62600-62700
Do “Duo” (secondary strategy, only if strong support shows stabilization signals)
If price retraces to 62600-62700 and clear signs of stopping the decline appear, enter “Duo” with a light position
Stop loss: 62200
Target: 63500-63700
$BTC #美国存储股扩大跌幅