CPI positive, the coin price surprisingly bounced back again. Tomorrow's rate hike may have an even greater impact. Historically, the first two rate hikes have both triggered financial turmoil. The previous post is valid; wait for the four-hour close to break through, then retest near the support before entering the market. Participate with a light position based on the news.
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Tel,Sunshine,:
Old Wang, my take-profit point is just around the corner😎😎😎
Bitcoin long positions have reached the first target at 87,700. With limited volatility, long positions can be reduced and held; add more positions after a breakout.
The position of the previous update has already been triggered, and after the initial touch, a rebound occurred. Non-farm payroll data will be released tonight at 21:30.
Last night, the long positions from 3075-3090 can be reduced around 3205, keep the stop-loss for the remaining positions at 3140, and look for further upside. There's nonfarm payroll data tonight, so there probably won't be much market movement during the day.
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GoForARideInABmw:
Is there a high probability for the four-hour candle to go back, guys?