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Friday Market Strategy: CPI Eve, Rebound to Short, Ride the Trend to Harvest 💡
Last night, the global financial markets experienced a "midnight horror," with US stocks, gold, silver, and cryptocurrencies all crashing simultaneously. Bitcoin dipped as low as the 65,000 level. Our previous short-selling strategy was accurately executed; although we did not fully reach the expected target, we still gained a considerable profit margin. The Snowfield family’s short positions once again confirmed the power of the trend.
The CPI data will be released at 9:30 tonight. The market is highly likely to continue the "rise first, then fall" pattern, similar to the previous non-farm payrolls trend. Therefore, today's trading approach is clear: a rebound is a shorting opportunity. Pay close attention to the overnight high of around 68,300, which was also yesterday’s opening sell point. Approaching this level, you can decisively short.
Specific Trading Recommendations
- Bitcoin: Suggest short positions in the 68,000-68,300 range, targeting 65,000. If the level is broken effectively, then target 63,600.
- Ethereum: Suggest short positions in the 2,000-2,030 range, targeting 1,880. If the level is broken effectively, then target 1,750.
The market has been volatile before the New Year, with many short-term opportunities. Stick to the idea of "long-term trend watching, short-term trading on both ends," and strictly control your positions to achieve steady profits. The Spring Festival does not pause; Yifan is online all the time, fighting alongside the Snowfield family for a prosperous year!