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Thursday, Bitcoin surged higher but faced resistance, with intra-day first short then long
Long story short, today’s focus is on the support at the 80,000 level; if broken, the downward move is very likely to continue, so intra-day trading should be short first, then long.
Bitcoin reference: Short in the 81,000-81,500 range, target 78,800, if not broken, then go long again
Ethereum reference: Short in the 2,320-2,345 range, target 2,250, if not broken, then go long again
Trading is not just about longs and shorts; more often, it’s a test of human nature. Only by enduring the volatility can you hold onto a trend. I’m always here, those who understand, understand!