$BTC Today's View. Contract Thoughts!
Now the market, the president draws a door with his mouth
Once again proves that when facing the pie drawn by the speculator, think thrice.
Better to watch than to follow the speculator.
Yesterday's middle track fake breakout, the price draws a door, once again breaking below the bullish support of 90,000,
So now the previous low confirms the formation of a new demand zone, according to previous trends. Without further stimulus, it can slowly form a new large-level support in the range of 79,000~82,000. At that time, the price just tested twice, and if there are no other influences, it is an opportunity for a rebound.
Current view: The 4-hour level shows no new low with spike,
79,000 Dao Ge has always said, big pie 110,000 will be the top, the pullback may be 79,000.
A drop from 110,000 to 79,000 has already been a major trend.
Do not look directly, just go bearish.
Next, the market will likely make new adjustments in the range of 79,000~93,000.
And for short-term operations. 82,000~86,000 (before the U.S. policies and Musk's layoffs are completed, institutions will not enter the market)
So, setting aside these larger directions.
For our intraday short-term. Bearish is greater than bullish, short in the 86,000 range. If the 82,000 range holds, then go long. If it doesn't hold. Watch and wait.
Current position, 84,500 can be a short position.
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