Although BTC has been supported around 83,000 in the past two or three days, it is definitely not an impregnable wall. Since the suppression of 8.6w is too strong and there is no substantial positive stimulus, it is necessary to be prepared for 8.3w to fall below. Therefore, short orders above 8.5w are recommended to hold a part of the position and prepare to expand profits.
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.
Although BTC has been supported around 83,000 in the past two or three days, it is definitely not an impregnable wall. Since the suppression of 8.6w is too strong and there is no substantial positive stimulus, it is necessary to be prepared for 8.3w to fall below. Therefore, short orders above 8.5w are recommended to hold a part of the position and prepare to expand profits.