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Last night's market fluctuation provided us with a fantastic trading opportunity. After Bitcoin reached a key support level, I decided to close the short order and open a long order. When I checked the market this afternoon, not only had the short order taken profit as planned, but the newly opened long order had also gotten on board and started to profit, which is a pleasing result.
We have discussed multiple times before that Bitcoin has good support in the range of 112,000 to 113,000. If this position can hold, we are likely to see a considerable rebound. Of course, after the rebound ends, I will continue to pay attention to market trends and look for suitable high points to re-establish short order positions.
For those friends who haven't entered the market to go long yet, there is no need to worry too much. Bitcoin often experiences a second bottoming, which may provide you with a better entry opportunity. Just like the situation we encountered a few days ago when we went long at the 114,500 position, the market experienced a second bottoming, allowing us to build positions twice. In the end, we all successfully took profit close to the 116,000 resistance level, and some investors even switched to shorting in response to the trend, yielding substantial gains.
I hope this market trend can also meet our expectations and lead to successful profits. Remember, it is crucial to remain calm and rational in the market, but at the same time, it is important to have the courage to seize opportunities and act decisively. Let us continue to pay attention to market changes and seize every trading opportunity.