10.25 Morning Thoughts: Short-term buy low, sell high in range-bound fluctuations.
Last night's CPI data was positive, pushing the market to briefly surge, but the upward momentum could not be sustained. Bitcoin quickly retreated after reaching the resistance line at 112100, dipping to a low of 109600. After adjustments in the early morning, the current price is oscillating around 111000. Considering that market liquidity is usually weak on weekends, with limited volatility, I will not make unilateral trend predictions today. The core strategy is mainly to operate within a short-term range, executing buy low, sell high around key support and resistance levels.
Bitcoin ( daily trading reference
-Short position strategy: 111500-112500, target looks down.
109500-1 10500, if it breaks below 109500, the target may be slightly extended, but risk must be strictly controlled.
-Long position strategy: 108500-109500, target looks up
110800-111500, reach the range, after hitting the upper edge, you can take partial profits to avoid greed. Ether )ETH( intraday trading reference.
-Short position strategy: 3980-4000, target down to 3900-3850, need to observe the support strength at 3850-line, if it quickly breaks below, can hold short, if stabilizes, then exit in a timely manner.
. Long position strategy: 3900-3850 short position target range, and confirm that the downward momentum weakens and a stabilization signal appears before laying out, avoid buying low too early, with a target looking at 3950-3980. )$U2U $ORDER $SWELL $WHY $SUNDOG $BTC $ETH $DOGS $IOST $LTC $ETC $SNEK
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10.25 Morning Thoughts: Short-term buy low, sell high in range-bound fluctuations.
Last night's CPI data was positive, pushing the market to briefly surge, but the upward momentum could not be sustained. Bitcoin quickly retreated after reaching the resistance line at 112100, dipping to a low of 109600. After adjustments in the early morning, the current price is oscillating around 111000. Considering that market liquidity is usually weak on weekends, with limited volatility, I will not make unilateral trend predictions today. The core strategy is mainly to operate within a short-term range, executing buy low, sell high around key support and resistance levels.
Bitcoin ( daily trading reference
-Short position strategy: 111500-112500, target looks down.
109500-1 10500, if it breaks below 109500, the target may be slightly extended, but risk must be strictly controlled.
-Long position strategy: 108500-109500, target looks up
110800-111500, reach the range, after hitting the upper edge, you can take partial profits to avoid greed. Ether )ETH( intraday trading reference.
-Short position strategy: 3980-4000, target down to 3900-3850, need to observe the support strength at 3850-line, if it quickly breaks below, can hold short, if stabilizes, then exit in a timely manner.
. Long position strategy: 3900-3850 short position target range, and confirm that the downward momentum weakens and a stabilization signal appears before laying out, avoid buying low too early, with a target looking at 3950-3980. )$U2U
$ORDER
$SWELL $WHY $SUNDOG $BTC $ETH $DOGS $IOST $LTC $ETC $SNEK