The evening market long position competition is quite intense. After the price quickly fell from around 93,300 to around 91,600, it rebounded to around 93,600. The 4-hour long positions are gradually decreasing and showing a bearish trend, while the daily long positions are increasing but still facing resistance above. Overall, the strategy remains to maintain a high short-selling approach—sell on rallies.
Early morning market:
Short around 93,000-93,500, target around 91,500-91,000. Stop loss at 94,000.
Short around 3,115-3,135, target around 3,045-3,025. Stop loss at 3,165.
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The evening market long position competition is quite intense. After the price quickly fell from around 93,300 to around 91,600, it rebounded to around 93,600. The 4-hour long positions are gradually decreasing and showing a bearish trend, while the daily long positions are increasing but still facing resistance above. Overall, the strategy remains to maintain a high short-selling approach—sell on rallies.
Early morning market:
Short around 93,000-93,500, target around 91,500-91,000. Stop loss at 94,000.
Short around 3,115-3,135, target around 3,045-3,025. Stop loss at 3,165.