Wednesday Afternoon Jingyi's Operation on Silk Exposure Analysis



The current market is predominantly bearish, with a lack of rebound momentum and significant resistance above. Bitcoin rose to 109,100 points in the evening before pulling back, currently fluctuating around 108,500 points. From a four-hour perspective, bullish momentum is contracting, and the MACD indicator is showing signs of a death cross.

On the hourly level, the bearish strength has reached the lower boundary, and attention should be focused on the resistance at the 109100 level and the support effect at the 107400 level. During the operation, position size should be managed appropriately.

Operational Recommendations
BTC short position layout in the 108900-109300 range, targeting around 106900-107900.

ETH short position layout in the range of 2640-2660, targeting around 2600-2550 #Gate VIP理财送茅台# #美加征关税# #Gate xStocks 交易体验#
BTC-2.29%
ETH-4.66%
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CircumferenceCommunityShootingvip
· 07-09 12:05
🐶market maker really doesn't want me to earn a penny more, every time it reaches my break-even point it just stays or starts to fall.
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