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Saturday, Weak Oscillation, High Space Still Preferred
Bitcoin declined yesterday after rising initially, closing lower again at the end of the session. As mentioned before, after the Federal Reserve's news lands, regardless of how it rebounds, we are focused on shorting.
Overnight high was around 71300, so in the short term we use this as a reference point to short, expecting minimal volatility over these two days. Significant volume should wait until after the market opens next week.
Bitcoin: Short in the 71300-70800 range, target 69200, light position entry, reserve position for averaging down
Ethereum: Short in the 2175-2155 range, target 2100, light position entry, reserve position for averaging down
Brothers, during the holiday leisure time, you can go out more often, enjoy some fresh air, appreciate the flowers. Trading is not everything in life; life itself is a form of cultivation.