BTC broke 9.1, where is the next resistance level?
分析师舒琴
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Bitcoin plummets! Will it continue to drop? Can we buy the dip? Let's take a look. 1. BTC is now basically G, the MACD daily line death cross announces the end of the rebound wave, returning to a long-term downward cycle, at least until the interest rate meeting at the end of January it will be weak. So with such a short-term drop, can we make a rebound?
2. Around $BTC 9.1 there is actually some support, we talked about this yesterday, aggressive traders can take a shot at a rebound of over 1000 points, with a 60-70% chance of success. A more stable operation is not to operate in both directions, but to wait until there is a significant rebound before shorting.
3. However, these are relatively poor choices, the best choice is to gradually layout long positions in the two major resistance levels of 9.45 and 9.8 million, holding on continuously. Shuqin believes that most traders are in this favorable situation, and there is no need to struggle with why they did not short or were trapped in long positions, solving the problem from the root.
4. In the short term, as shown in the chart, Shuqin asked everyone to add short positions at 9.33 million yesterday, and in the short term, it will at least drop to 9.1 million, and indeed it has come. Then $WLFI , $ICP and other previously hot small coins like Binance Life, we also exited and shorted at the time of market FOMO, traders who did not understand at that time can now see the results. Congratulations everyone~
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