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$BTC On the weekend, there isn’t much trading, liquidity is very poor. BTC is currently in a small rebound after the drop, but the overall trend is still weak, so it’s difficult for the price to rise sharply in one go.
There’s strong resistance around 77800-78000 above. Support around 77400 below isn’t very solid. In the short term, it will most likely range back and forth between 77200 and 77950.
In terms of trading, prioritize short positions, and keep your position size light.
A more conservative short can wait for a rebound to 77800-77900 before entering. Set the stop loss at 78050. You can take profit if it falls to 77550 or 77250.
More aggressively, you can try a light short at 77650-77750. Set the stop loss at 77900. The targets are 77500 and 77300.
Going long isn’t recommended with a heavy position size. If you really want to hedge, place long orders conservatively at 77400-77500, set the stop loss at 77250, and take profit if it rises to 77650 or 77800.
For an aggressive approach, you can try a light long at 77550-77600. Set the stop loss at 77400. Targets are 77750 and 77900.
Be careful about slippage on the weekend—don’t take positions with heavy size.
$ETH $CHIP #Gate13周年现场直击