I. Stabilizing at 10400, bullish trend continues

The key focus for the night is the critical price level of 10400 for Bitcoin. Once the smaller time frame effectively stabilizes at this level, the bullish trend will be strengthened, and the market is expected to continue rising. During the subsequent rise, keep a close eye on the following resistance levels:

- First resistance 104980: As a previous high point, there is a large accumulation of trapped positions and profit-taking here, which is the primary obstacle for the bulls to move upward;

- Second resistance 105750: This level corresponds to an important technical pressure level; breaking through will open up a new round of upward space;

- Third resistance 106400: Strong round number combined with historical high, if successfully broken, the target above can be seen around 107255.

Operational suggestion: Use 10400 as the support level to gradually build long positions, with initial position controlled at 20%. Reduce 15% of the position to lock in profits for each resistance level broken; set a stop-loss at 10380 to guard against trend reversal risks.

II. Breaking below 10400, bears begin the correction

If the previous high of 104980 is not broken during the night, and the price retraces and breaks the 10400 support level, the hourly level will confirm entry into a corrective phase, with bearish strength taking dominance. The key support levels below are as follows:

- First support 103330: A dense area of short-term moving averages, providing initial support;

- Second support 102350: The bottom of the previous consolidation range; breaking below will trigger panic selling;

- Third support 100950: Strong psychological barrier and historical support level, this is the last line of defense for the bulls.

Operational suggestion: If the price breaks below 10400, you can establish short positions with light loading when confirming pressure at the pullback, with an initial position of 15%. Reduce 10% for profit at each support level reached; set a stop-loss at 10420 to avoid false breakout risks.

III. Core Principles of Risk Control

1. Position Management: Single trade positions should not exceed 30%, and total holdings should be controlled within 50% to avoid excessive risk exposure;

2. Stop-loss Discipline: Strictly execute preset stop-loss points, eliminating the mentality of holding onto losing positions;

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

IV. Trading Summary

Tonight's outcome for Bitcoin's movement hinges on the battle for the 10400 point. If it stabilizes at this level, the bulls will challenge the upper resistance; if it fails to hold this level, the bears will dominate the corrective trend. Investors need to closely monitor the effectiveness of breaking through key levels, strictly implement position and stop-loss plans, and respond flexibly to market changes to avoid volatility risks.#BTC走势分析 $BTC