Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Recently busy, market trends are also more boring, so there is no update article. But I want to give investors more tips at the key nodes, which is the principle of my writing. The so-called carbon in the snow, far more meaningful than the icing on the cake.
We now look at the chart, is a downward trend, the pressure of the rebound is on the trend line. If you choose to break up here, the bulls could challenge $7,800. If you break down, there may be a look for support in the 5800 and 4300.
Conclusion: The current position, wait and see is a good strategy, if the up break a small number of long, down can be hedged or short.