$BTC just dipped to around 695, and has now reached 700. I've been discussing this all day—from a directional perspective, the overall bearish outlook remains unchanged.
However, the 712 short position I mentioned today was closed at 702.
The lowest point was 695, but as I said, the space above 700 doesn't belong to me.
Theoretically, there should be a small rebound around the 700 price level. Recently, I haven't wanted to stay up late. If the price breaks 700 but can't hold above it, it will continue down to the next vacuum zone, which would be 688. But we need to wait for the right time.
I've been staying up too late the past few months, so I'm trying to close all positions before 1 AM now.
$BTC Currently the price is at 707. It just dipped below 705 and is now moving toward 712. This movement feels a bit off, I have a feeling a large candle might suddenly appear. The light position at 712 will exit at 702. If it breaks below 702 and continues down, it's outside my profit range anyway. Regarding the situation where the 712 short position exits: 1. Exit completely at 702 on downside. 2. Downside to 702, set a 300 point profit target. Specific live trades will be notified.
$BTC just dipped to around 695, and has now reached 700. I've been discussing this all day—from a directional perspective, the overall bearish outlook remains unchanged.
However, the 712 short position I mentioned today was closed at 702.
The lowest point was 695, but as I said, the space above 700 doesn't belong to me.
Theoretically, there should be a small rebound around the 700 price level. Recently, I haven't wanted to stay up late. If the price breaks 700 but can't hold above it, it will continue down to the next vacuum zone, which would be 688. But we need to wait for the right time.
I've been staying up too late the past few months, so I'm trying to close all positions before 1 AM now.
This movement feels a bit off, I have a feeling a large candle might suddenly appear.
The light position at 712 will exit at 702. If it breaks below 702 and continues down, it's outside my profit range anyway.
Regarding the situation where the 712 short position exits:
1. Exit completely at 702 on downside.
2. Downside to 702, set a 300 point profit target.
Specific live trades will be notified.