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🚀BTC 1 minute line surged and then fell back, Bull vs Bear Battle has reached a fever pitch!
Family! I just watched the chart and saw BTC spike violently to 118300 on the 1-minute line, then it pulled back and fluctuated. This round of Bull vs Bear Battle is so exciting!
Market Breakdown:
Trend: After a violent surge following a bottom at 117760, it faced resistance and retraced, currently oscillating around 118231, with intense Bull vs Bear Battle.
Volume: During the rise, trading volume surges (capital floods in), while during the pullback, volume decreases (bulls temporarily retreat).
Key level: If 118200 is held, the bulls still have a chance; if it breaks below 118000, it may test support again.
Operational Strategy (A Must-Read for Gate Players):
Spot traders: Hold your positions steady! A rise followed by a fall is a normal washout, with institutional entry + ETF buying support. Looking at the long term, there is a premium.
Contract Party: The volatile market is suitable for high selling and low buying. Open a light short position around 118300 (stop loss 118500), open a light long position around 118000 (stop loss 117800), quick in and out.
Small-cap coins linkage: When BTC fluctuates, altcoins may rotate, so one can ambush high-market-cap quality coins (but don't chase high prices).
(Bull vs Bear Battle intensifies, keep an eye on key levels, follow the rhythm to profit!)
#行情分析参考