Bitcoin Early Morning Thoughts

Yesterday early morning, a strategy was given for Bitcoin to rebound and enter long positions. Bitcoin retraced to the 43900 line in the afternoon, which is also our entry point for long positions. In the evening, it successfully reached the take-profit point of 86500, achieving a profit of 2500 points. This rebound, as mentioned above, needs to pay attention to the resistance at the 88000 line. Currently, Bitcoin is showing weakness in this strong rebound. From the daily chart, the upper resistance is evident, and the market is showing a downward trend. One can initially take short long positions at the lower levels, and the early morning strategy for high-level long positions is:

Buy at 86300-86000 with a target of 87300

Sell at 87800-88100 with a target of 86800-86000 and a risk control of 500 points