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Congratulations to those who followed the short position on Bitcoin around 64,500!

2026-07-13 06:40:42
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Chu Yuechen: July 13 Bitcoin Market Analysis and Trading Reference. Geopolitical risks dominate short-term sentiment; BTC's downtrend structure remains intact, with rebounds primarily driven by short selling. ETH is relatively strong, but independent buying is limited, mainly moving in tandem with BTC. Pay close attention to this week's CPI/PPI and the Clarity Act's progress on its directional catalysts. In yesterday's article, we recommended shorting around 64500, yielding nearly 2000 points, which is quite good. Those who followed have made good profits. We have repeatedly advised shorting above 64000, and timely reminders were given in the discussion group. Today, the focus remains on shorting, with strong resistance at 64500-65000 and support at 61000-61500. If it breaks below 61000, we will likely continue towards 58000. Therefore, in terms of trading, short positions can be established around 63000, and additional short positions can be added above 64000, with a stop loss at 65000 and a target of 61000-61500. ETH is relatively stronger. Consider shorting around 1800, with a stop loss at 1850 and a target of 1720-1700. I will provide real-time alerts for long opportunities; consider entering after the support level stabilizes. For those interested in discussing trading strategies, please see my profile; the group is now open. Those who follow my trades will receive real-time entry and exit alerts based on the current price.
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