💰 BTC Price: $64,471.87
📈 24h Change: -1.72%
📊 Market Cap: $1.21012 trillion
📉 24h Volume: $21.15 billion
🔑 Key Levels:
Support: $62,293
Resistance: $65,127.90
💡 Brief Commentary:
Today, there was significant BTC sell-off from retail investors in the Asian market, pushing the price below our reference resistance level. To determine if the price level has been broken, we should wait until tomorrow to see if the daily candle forms above or below the resistance. Despite this, market sentiment for BTC remains very positive, and we could see a strong trend reversal with the opening of the U.S. market.
🏦 Trade Operation:
Open a new long position and simultaneously open a short position for 50% of the value as a hedge. Keep all short positions open for hedging purposes.
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By gue22
Let me know your thoughts in the comments