July 1 Li Jingyue Bitcoin intraday thoughts

Yesterday, as risk assets broadly weakened following the U.S. stock market opening, Bitcoin dipped to 58,100. Jingyue's pre-arranged short idea directly captured nearly 2,000 points of profit, with every high and low point prediction landing precisely. It is only through long-term deep understanding of market rhythms that we deliver results time and again.
The four-hour chart clearly shows a downward channel with continuously lowering highs. Multiple bearish macro factors are suppressing the market, with the non-farm payroll and employment data leaning hawkish, tightening market liquidity, and keeping risk assets under pressure.
Enter short positions on intraday rebounds to the 59,200-59,500 range, with a short-term first target of 57,800. If broken, directly target 56,000.#Sharplink增持1万枚ETH #BTC $BTC