Wednesday Jing Yi's Trading Strategy Analysis



Twenty-fourth Little New Year, dear friends, Happy Little New Year! Clean out the old, sweep away the dust, welcome good fortune and happiness. Wishing everything goes smoothly, may the new year bring immediate wealth, quick prosperity, and success at every step!

Alright, let's review yesterday's Bitcoin. After breaking below the key support at 680, it rebounded above 690. Although briefly breaking through the hourly middle line at 69500 in the early morning, the strong resistance at the 7W integer level caused it to face pressure again and fall back.

Currently trading in the 68,000–70,000 range with intense bulls and bears competition. The direction will be determined after tonight's non-farm payroll data release. If the data is very poor, Bitcoin will drop to 6.6K. Trying to stabilize around 6.5K. During the white session, the trading approach will mainly be high short and low long:

Trading Recommendations
Short positions in the 69500–70000 range, with a target of 800–1800 points
Long positions in the 68500–68000 range, with a target of 800–1800 points

Bitcoin in the 2000–2060 range can be traded accordingly.

Personal suggestions, for reference only #当前行情抄底还是观望?
BTC-2,64%
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