In the afternoon, the core trading strategy for BTC remains focused on selling at highs: even though there is still some room for upward movement, there is a high probability of a downward pullback in the short term, so it is not advisable to blindly chase longs.
It is more prudent to wait for the price to pull back and confirm support before looking for opportunities to go long. A “step-by-step” upward consolidation can lay a solid foundation for higher levels in the future and help avoid the risk of a rapid pullback after a sharp rise.
BTC Trading Suggestion: Short around 93,800-94,500, targeting the 92,400-91,000 range, #十二月行情展望 #广场发帖领$50
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November 3 BTC Market Outlook
In the afternoon, the core trading strategy for BTC remains focused on selling at highs: even though there is still some room for upward movement, there is a high probability of a downward pullback in the short term, so it is not advisable to blindly chase longs.
It is more prudent to wait for the price to pull back and confirm support before looking for opportunities to go long. A “step-by-step” upward consolidation can lay a solid foundation for higher levels in the future and help avoid the risk of a rapid pullback after a sharp rise.
BTC Trading Suggestion: Short around 93,800-94,500, targeting the 92,400-91,000 range, #十二月行情展望 #广场发帖领$50