Bitcoin

BTCUSD:Adopt range trading before the breakout.

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Given that a number of important data are about to be released intensively, the market volatility is rising sharply. Before a clear breakout signal in the price is formed, it is recommended that within the range of $93,000 - $96,000, the range trading strategy be flexibly applied: sell at highs, and then buy at lows to build positions when the price drops back to the support level, so as to seize the band trading opportunities in the volatile market. At the same time, strictly control the position size to prevent the risk of sudden and significant fluctuations triggered by the data release.


BTCUSD
buy@93000-93500
tp:95000-95500

sell@96000-95500
tp:94000-93500

In the future, we will continue to monitor the market changes and update the trading strategies in real time.

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