12.18 Market Overview: BTC Long and Short Double Sound #巨鲸动向 $BTC
BTC opened with a long upper shadow and a solid bearish candle this morning, indicating strong bearish momentum; coupled with today's announcement of the interest rate meeting in Japan, the impact on the financial and crypto markets will be significant. It's preferable to short at higher levels, but a small V-shaped rebound can also be taken advantage of.
Yesterday, the market was in a continuous upward fluctuation, and after the favorable CPI data was released, it surged around 2000 points; on the right side, breaking above 8.67, long positions were taken, resulting in a profit of 2500 points before exiting; after the U.S. stock market opened, it retraced again 2 hours later, breaking below 8.67, and short positions were taken, yielding a profit of 1100 points before exiting.
Today, the daytime session will continue the upward fluctuation structure from yesterday, going long at the left side 8.5, or breaking above 8.55 on the right side to go long, with a stop at 8.37, targeting 8.63 and 8.75, with the remaining position at 8.8; continue to lay low for high shorts at 8.93, with a stop at 9.06, targeting 8.8 and 8.67.
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