$BTC Yesterday, the market was choppy again, strengthening first and then weakening. The plan was to go long first and then take a short position; later, we continued going long at 822. When 828 broke, we stopped out and chased the short. I clearly said that 828 support would be crucial: if it broke, the bears would resume their downward move. A key support level signals a possible trend reversal, so we shouldn’t stubbornly stick to one direction—we should adjust when needed. So, what’s the outlook for today…
The charts show that the market has remained choppy in recent days and has been unable to hold above the daily Bollinger middle band, trading between the middle and lower bands. It has now returned to near the lower band once again. The daily Bollinger Bands are continuing to widen, indicating an increasing chance of a downside break. CPI is also bearish, which strengthens the case for further downside. The strategy of selling at higher levels in the early hours remains unchanged; continue to look for short positions at higher levels.
Short near 819–822, targeting around 805–801. $BTC
$ETH
#9月CPI来袭原油美债走势如何 #以太坊跌破2500美元 #Strive斥资2.8亿美元增持3311枚BTC
The charts show that the market has remained choppy in recent days and has been unable to hold above the daily Bollinger middle band, trading between the middle and lower bands. It has now returned to near the lower band once again. The daily Bollinger Bands are continuing to widen, indicating an increasing chance of a downside break. CPI is also bearish, which strengthens the case for further downside. The strategy of selling at higher levels in the early hours remains unchanged; continue to look for short positions at higher levels.
Short near 819–822, targeting around 805–801. $BTC
$ETH
#9月CPI来袭原油美债走势如何 #以太坊跌破2500美元 #Strive斥资2.8亿美元增持3311枚BTC
