Tuesday, July 22

Good afternoon, everyone!

Last night I stayed up all night and missed out on a trade that could have earned me a whole night. Not saying too much, I'll catch up on sleep after I'm done and continue tonight! Let's look at the positions directly:

Pay attention to the two levels of 1162-1158 for the Bitcoin today. If it retraces and holds within this range, the market will continue to rebound upwards. Currently, the target looks to be around the morning high of 1179-1180. If it breaks through, then the next levels to watch are around 1195-1205. The larger range of fluctuations is still temporarily within this range.

Auntie is retracing near the third target level for the next day. Currently, the support below looks to be around yesterday's defense level near 3630. For a significant rebound to close at the 4-hour and daily levels, Auntie must stay above 3700-3725; otherwise, it will still retrace to around 3600-3580. Then, we should consider entering long positions based on the bottom of Bitcoin at 1158.

Overall, regarding the Silk Road, we should first look for a dip to go long. When entering a position, it's essential to have a stop-loss; otherwise, it's like the friends who have been consulting during this period but still stubbornly short. Timely stop-loss adjustments are also a wise choice in trading.
#山寨季来了？ #稳定币监管风暴 #Gate 6月透明度报告