Only with a calm mind can one achieve great success in investment. Making money is the only goal, everything else is just empty talk. Making money is the key. Hello everyone, I am Jinrui from the cryptocurrency circle!


[4-hour chart]

Currently, it is observed that the support below BTC, as previously drawn by Jinrui in the parallel channel, is still very effective. Therefore, Jinrui will maintain a bullish view until the price returns to within the parallel channel (approximately $62,000).
However, if the price of BTC falls below this channel in the future, short-term long positions should immediately stop loss and switch to a short strategy.
For specific entry points for today's short-term trading, please refer to the 1-hour chart below.
[1-hour chart]

If you want to go short in the short term, Jinrui believes that this is a good trading point: Use the 1-hour chart 25EMA ($63,145) as a short-term resistance level to layout short positions.
If the long positions remain strong at this resistance level, then this strategy can be ignored. The target for short positions is between $62,800 and $62,000.
Short-term long strategy: 1. Go long from the upper part of the parallel channel in the 4-hour chart, with the price around $62,000. 2. Use the 4-hour 25EMA ($63,000) and 75EMA ($62,826) as support for going long.
If you want to receive real-time information later, please like & share to let me know 🙌🏻. If this is helpful to you, I hope you can like it ❤️ and follow, looking forward to your support.
I have years of in-depth research on spot contracts, BTC, ETH, and various altcoins. If you are not doing well in trading, experiencing long-term losses, or being trapped in trades, you can follow my public account (Jinrui in the cryptocurrency circle). Investment involves risks, so be cautious when entering the market. The market fluctuates every day, and all I can do is to provide help based on my years of practical experience, guiding your investment decisions and management in the right direction.

The end of the article and other advertisements in the comments section are not related to me personally!! Please be cautious in distinguishing between true and false information. Thank you for reading.
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