Good morning everyone, after waking up, #BTC successfully touched 110000 and then started a small pullback. Last night, the low point dipped to around 109000 and began to rebound, rebounding 1000 points. Currently, BTC is grinding in the high range of 110500-108500. As long as BTC can pull back and stabilize above 108000, long positions can continue. If it breaks down, we can look towards a dip. This wave of rebound is announced to be over, and the low long positions can only be played in the range of 108500-108000. If it breaks down, it's a stop loss, and the take profit range is 109500-110000.
Today the US stock market did not open because it is America's Independence Day, so last night the US stock market also closed 3 hours early. Tomorrow and the day after tomorrow will be the weekend again, and the US stock market will also be closed, which means that for 3 consecutive days, the market will not be affected by the US stock market. The US stock market will open normally on the 7th. During these days when the US stock market is closed, liquidity will be significantly reduced, and the range of fluctuations will not be very large. There will not be many trading opportunities; we can only find high short and low long positions to eat the waves. If we make a profit, we need to run and avoid the pattern.
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Good morning everyone, after waking up, #BTC successfully touched 110000 and then started a small pullback. Last night, the low point dipped to around 109000 and began to rebound, rebounding 1000 points. Currently, BTC is grinding in the high range of 110500-108500. As long as BTC can pull back and stabilize above 108000, long positions can continue. If it breaks down, we can look towards a dip. This wave of rebound is announced to be over, and the low long positions can only be played in the range of 108500-108000. If it breaks down, it's a stop loss, and the take profit range is 109500-110000.
Today the US stock market did not open because it is America's Independence Day, so last night the US stock market also closed 3 hours early. Tomorrow and the day after tomorrow will be the weekend again, and the US stock market will also be closed, which means that for 3 consecutive days, the market will not be affected by the US stock market. The US stock market will open normally on the 7th. During these days when the US stock market is closed, liquidity will be significantly reduced, and the range of fluctuations will not be very large. There will not be many trading opportunities; we can only find high short and low long positions to eat the waves. If we make a profit, we need to run and avoid the pattern.