The overnight market saw a significant reversal, with a black swan event hitting on Thursday night, leading to a sharp drop in the early morning that refreshed recent lows—Bitcoin dipped to a low of 97900, while ETH also fell before a slight rebound. Currently, Bitcoin is oscillating around 99100, gaining 6500 points, and Auntie is live streaming at 280. 280 points.
The bears completely dominate the market, while the bulls show little resistance. After breaking key support, the overall structure leans towards the bears, and rebounds are immediately suppressed and fall back. The intraday strategy focuses on shorting on rebounds, with some emphasis on buying low.
trading strategy BTC short positions near 100800 and 101500, targeting the range of 98000-96500.
Short ETH near 3250-3300, target around 3250-3180.
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Friday Morning Jingyi Trading Strategy Analysis
The overnight market saw a significant reversal, with a black swan event hitting on Thursday night, leading to a sharp drop in the early morning that refreshed recent lows—Bitcoin dipped to a low of 97900, while ETH also fell before a slight rebound. Currently, Bitcoin is oscillating around 99100, gaining 6500 points, and Auntie is live streaming at 280.
280 points.
The bears completely dominate the market, while the bulls show little resistance. After breaking key support, the overall structure leans towards the bears, and rebounds are immediately suppressed and fall back. The intraday strategy focuses on shorting on rebounds, with some emphasis on buying low.
trading strategy
BTC short positions near 100800 and 101500, targeting the range of 98000-96500.
Short ETH near 3250-3300, target around 3250-3180.
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