12.18 Morning Market Overview: BTC Market Experiences Both Long and Short Explosions #美国非农数据超预期
BTC opened this morning with a long upper shadow and a solid bearish candle, forming a bearish engulfing pattern compared to yesterday
BTC last night first pushed up to show the bulls were persistent and then quickly retraced, catching people off guard, with both long and short positions exploding unexpectedly. Remember to manage your trades with stop-losses; don't rely on luck or illusions. Respecting the market is what makes a winner; 24H total liquidations reached $540 million, with long positions at $382 million and short positions at $158 million
8.67 has turned from previous support to resistance. For intraday trades, short at 8.67, defend at 8.81, target 8.55; conversely, observe the K-line on the right side for a breakout and stabilize before chasing a long position, defend at 8.55, target 8.8 and 8.92
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