Recent Bitcoin Market Overview!
When trading, you must have a strategy!
You cannot open positions blindly, and position management is of utmost importance!
Below is the recent market overview!
Today, Bitcoin tested the resistance at 104300 for the second time, and the market began to move sideways on a smaller scale, with the upward momentum weakening. Currently, the market is still in a one-hour level fluctuation. During the night, pay attention to the bottom support of the sideways area at 102300; as long as this position is not broken, the market will continue to fluctuate. The top resistance continues to be at 104300. If this resistance is broken, the upper pressure is around 106500, and short positions can be monitored near this level. Only with a one-hour close at 102300 will the market undergo a small-scale correction, with support for the downward correction at around 101000 and 100000. These two levels belong to the normal pullback of daily level increases. If the pullback breaks below 100000, the defensive support below is around 97000.
