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$BTC Current price 719! Friday's volatile shakeout, precise short-term positioning!
The market retraced as expected, and last night’s prediction was perfectly fulfilled!
Bitcoin is now fluctuating around 710, with short positions at 723-726 already in profit!
Current market situation:
- The strong resistance at 720-726 above remains unbroken, bullish momentum is clearly insufficient
- Support zones at 706-696 are gradually approaching
- CPI data + Russia-Ukraine + US-Iran news are dense, increasing volatility, avoid chasing orders
Current price 710 practical strategy (ready to use)
- Short positions (already entered):
Enter at 723-726 → First target 708-706 (approaching), second target 696
Stop-loss placed above 730
- Long positions:
Don’t rush to chase! Wait for a rebound and stabilization in the 705-700 zone (pin/stop-down candlestick) before adding longs
Target: 715-720
Stop-loss: below 695
One-sentence summary
Don’t chase longs or shorts at 710!
Hold short positions at 706-696;
Wait for a retracement to add longs!
Market is volatile, strictly set stop-losses, wishing everyone steady gains #加密市场小幅下跌