Main focus $BTC | Strategy shorting,
The box is shattered everywhere, plenty of short positions
Initial operation: $BTC is now $83,200, down 1.4% in 24 hours, hovering just above the iron bottom of $82,832 on 9/24, trembling slightly, the direction is still short, but the rhythm has changed. If you haven't entered yet, don't chase at the iron bottom door, wait for a rebound to $84,200-$84,500 (breakout pullback level + current pressure line) to place shorts, stop loss at $85,300, target $82,900 then watch $82,000, 10x leverage.
The three highs at $87,247, $85,224, and $85,146 are getting lower each time, and in the early morning $BTC smashed through the narrow box below $84,000. Let me ask, are you still chasing ETFs? It replied "not dating girls," which sounds like a denial, but actually guarantees nothing, think about it carefully.
US stocks popped champagne, crypto circle turned off the lights to eat noodles
US stocks rose decently last Friday: Dow +0.93% closed at 51,828 ending a three-day losing streak, Nasdaq +0.48% closed at 27,068, up over 2% for the week, Apple’s market cap approached the $5 trillion mark. Hang Seng ADR followed with a sip, +0.34%. But the crypto circle doesn’t buy it, after US stocks rise, $BTC still has to fall.
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