$BTC Evening View:
This market is really amazing! The current market is also difficult to operate. Why do I say that? A good news about tariffs directly pulled up the market. Now the students who chased the long position halfway dare not take it, because the good news about tariffs has turned into bad news.
Students who are shorting have been waiting for a correction, but the big cake just doesn't pull back. It keeps going sideways, and it keeps going sideways and rising.
You say it's uncomfortable or not, it's hard to operate both long and short. When you don't understand the market, reduce operations.
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Look at the picture: The position of the big cake at the 4-hour level that I circled with a yellow frame is a needle except for the stars. This position is already the resistance level of the big cake, but why is the big cake still reluctant to pull back.
Maybe it's just waiting for this tariff news. Today's tariff news has also been settled. It may go sideways. The rise is also unintentional, and the decline will also come unexpectedly. Let's see how the U.S. stock market will interpret the news of the tariff landing when it opens tonight!
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Breaking through 104618 with volume, chase long on the right side and eat short. Falling below 104308 with volume, the rebound cannot be recovered, chase short on the right side, set a stop loss.
Bread breaks through 104725 at the hourly level and stands firm, continue to look up to 105539-106489, if it can't go up, don't look up.
At the 4-hour level, as long as 103739 is broken, and the closing price at the 4-hour level is below 103739, look for a callback of 102353-101682.
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Continue to look at the picture: The target position of the hourly Fibonacci 1:1 callback is 102240, and a callback to 102240 is a normal callback.
If Bread is strong enough to step back, it will continue to rise. If Bread is sluggish and takes a deep callback to 100,000, it is also a normal callback range. If it can't hold 100,000, it will go down directly. Dismiss.