Today's core gaming point of Bitcoin's trend focuses on the key price level of 103820, as its gain or loss will directly dominate the intraday long-short pattern, with specific assessments as follows:

1. Stabilize above 103820, bulls continue to be bullish

When the price of Bitcoin stabilizes above 103820, and all technical indicators show a bullish arrangement, the market will maintain a strong upward momentum. In the subsequent upward process, pay special attention to the following resistance levels:

- First resistance level 104980: this position is at the upper edge of the previous dense transaction area, where a large number of trapped positions and profit-taking positions will create strong resistance;

- Second resistance level 105750: corresponds to the key trend line suppression at the daily level, breaking through requires effective volume support;

- Third resistance level 106400: as an important round number and historical high, breaking through it is expected to open up a new round of upward space.

Trading strategy: rely on the support level of 103820 to gradually position long orders, with the initial position controlled at 25%. For every resistance level broken, reduce the position by 15% to lock in profits; set the stop-loss 80 points below 103820 to guard against trend reversal risks.

2. Falling below 103820, bears dominate the correction

If the price effectively falls below the support level of 103820, the 1-hour level will confirm the correction trend, and bearish forces will gradually dominate. The support levels below are distributed as follows:

- First support level 103055: corresponds to the 50-period moving average support, a short-term buying concentration area;

- Second support level 102350: as the lower edge of the previous oscillation box, falling below it will trigger panic selling;

- Third support level 100950: as a strong psychological level and historical support level, it is the last line of defense for bulls.

Trading strategy: after the price falls below 103820, one can establish short positions with light positions when confirming pressure during a pullback, with an initial position of 20%. For every support level touched, reduce the position by 15% to take profit; set the stop-loss 80 points above 103820 to avoid false breakout risks.

3. Key points for risk control

1. Position management: single trade position should not exceed 30%, and total position should be controlled within 50%;

2. Stop-loss execution: strictly set stop-loss at 80 points above and below key levels, eliminating any lucky thoughts;

3. Dynamic tracking: closely monitor changes in trading volume and candlestick patterns; if divergence signals appear, adjust strategies promptly.

4. Summary

The core contradiction in today's Bitcoin trend lies in the tug-of-war between bulls and bears at the key point of 103820. If the price stabilizes at this level, bulls are expected to continue the upward trend and challenge the triple resistance above; if it falls below this level, bears will dominate the 1-hour level correction, and the triple support levels below will be tested in succession. Investors need to closely monitor the effectiveness of the breakout at key levels, strictly implement position and stop-loss plans, and flexibly adjust trading strategies based on trading volume, candlestick patterns, and other technical signals to cope with market uncertainties.$BTC #BTC走势分析 #BTC重返10万