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1.10 Saturday Morning Trading Strategy
Hello everyone, and happy weekend.
Recently, the overall market has been showing a sluggish and oscillating pattern. After the market weakened, it entered a range-bound consolidation phase. Following yesterday's non-farm payroll data release, market volatility was limited. Amid repeated battles between bulls and bears, Bitcoin is currently fluctuating around the 90600 level.
The weekend trading session lacks a clear directional drive. It is recommended to adopt a short-term trading approach.
Short positions can be taken around the 91500 area with light positions, targeting near 89500. If the downward momentum is insufficient and the trend does not continue, immediately switch to long positions.