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1.15 Thursday Morning Thoughts
Review of last night’s profit-taking on the short position, followed by positioning for the southbound Kong position. Bitcoin broke through 1700 points in the Kong range, and there is still a small tail left to use profits to run the Kong range, continuing to look at the target position.
Morning trading suggestions focus on rebounds to high Kong levels.
Bitcoin: Range of 96,800-97,800, with a target of around 94,000.
For aggressive traders, enter in batches and set proper defensive positions. $BTC #GateTradFi上线