Will Bitcoin rebound next week? Will gold and silver continue to rise? How to seize energy opportunities?


1. Bitcoin. Expect volatility to continue for a while, creating new liquidity before choosing a direction. My personal weekly trading plan remains unchanged, which is to continue holding our short positions at 90,000-97,000, buy in batches if Bitcoin drops to 55,000-60,000, and short in batches at 80,000-85,000.

Firstly, a rebound at this level is reasonable. The reason is that open interest (total position volume) has been decreasing, and traders' interest in opening positions has sharply declined. The market has been de-leveraging. Bitcoin is near the daily support level of 0.31 (65,700), so technically, a rebound next week is very plausible.

However, at this point, for caution, I personally have given up on going long. I have been bearish on the market, and liquidity is very tight. Funds in the crypto space are very fragile. Going long requires extreme caution, especially since many traders follow personal operations without stop-losses. Therefore, for going long, I am only interested if the weekly trading plan targets the 55,000-60,000 range. Even if caught in a position, it won't be a big problem. I hope everyone understands my good intentions.

Ethereum has not yet broken out of an independent trend and mainly follows Bitcoin's movements. #Gate广场发帖领五万美金红包 #当前行情抄底还是观望?
BTC0,18%
ETH0,49%
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18GOfWatervip
· 3h ago
Wishing you great wealth in the Year of the Horse 🐴
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18GOfWatervip
· 3h ago
马年发大财 🐴
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