Market analysis for this Tuesday morning #中美贸易磋商



The price of Bitcoin has started to pull back in the same way as its upward trajectory, currently falling below the key level of 114,000 points, showing a clear downward trend. Nevertheless, there are still many positive news in the market recently, so the morning trading strategy can prioritize laying out long positions at low levels.

The current price is approaching the support area of 113,500 points, where strong support is expected to form, likely triggering a rebound trend, with a target towards the vicinity of 115,000 points. When the price rises to around 115,500 points, it would be advisable to consider changing the strategy and positioning for short positions.

Today's trading strategy is to first go long and then short.

Look for buying opportunities in the range of 113500 to 113900 points, with a target near 115000 points.

Then you can set up short positions in the range of 115000 to 115500 points, targeting 113000 points.

Maintain flexibility in operations and adjust strategies in a timely manner.

$BTC $ETH $BNB
BTC-1.29%
View Original
post-image
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.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
SignatureLiquidatorvip
· 9h ago
Again it has跌, is there still hope?
View OriginalReply0
GateUser-bd883c58vip
· 18h ago
This is a big loss again. Remember the pain but forget the lessons.
View OriginalReply0
ResearchChadButBrokevip
· 10-28 01:29
Anyway, it's all suckers taking the elevator.
View OriginalReply0
GasFeeCryvip
· 10-28 01:21
Another day of small funds squatting in the corner.
View OriginalReply0
GasFeeCriervip
· 10-28 01:20
Get out of positions, don't be afraid, there is still lower.
View OriginalReply0
HodlOrRegretvip
· 10-28 01:17
Get Liquidated just Get Liquidated
View OriginalReply0
BearMarketGardenervip
· 10-28 01:16
Just make a big move in the market and it's done.
View OriginalReply0
SelfCustodyIssuesvip
· 10-28 01:16
Unfortunately, I didn't enter a position.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)