2.11 Market Overview: BTC Long Position Profit of 1528 Points
BTC closed with a solid bearish candle in the morning, two consecutive daily declines, with both high and low points decreasing #美国零售数据逊预期 $BTC
Yesterday, BTC set a long position at 6.83, T1 position at 69866, with a peak spike at 69957, achieving a profit of 1528 points, and T2 exit at breakeven loss
BTC is under pressure from the descending trendline above, with both highs and lows decreasing, but currently does not create a lower low; at the same time, BTC is at the bottom of a descending wedge channel showing a bullish structure, avoiding a real breakdown can wait for the right-side market to break below the trendline and then form a false breakout to go long for a rebound; alternatively, it can go short in the direction of the trend if it breaks down through the lower trendline
24H overall network maintains 259 million, long positions 194 million, short positions 64 million;
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