Qingming Festival — is the stock market closed? That’s true, but why does the crypto market seem to be on holiday too?



As for BTC, it’s the same as usual: the overhead resistance is locked in at the 67,100-67,400 range. It can’t break down, and it can’t move up either. If it retraces downward and taps around 66,600, there are funds stepping in there, which shows that this level still has support and follow-through.

With this kind of market right now, the profit room is very small. If you insist on shorting in this range, the cost-performance is too low—there’s no need to enter. Quick in-and-out short trades are fine. Be patient, and wait until the price rallies to 67,800-68,200 before you make your move and short—that’s the position the main players are setting up and delivering to you
#Gate广场四月发帖挑战
#三月非农数据来袭
#国际油价走高
#SpaceXIPO冲刺2万亿美元估值
#比特币矿企要闻
$BTC
BTC0,29%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin