Afternoon short positions have been successfully taken again, seizing opportunities with short orders can also yield results!
In the afternoon, a strong rise to around 106000 met resistance and fell back,
During the intraday pullback, a short entry was suggested,
Bitcoin peaked with a gain of over 2000 points,
We adhere to the principle of sticking to simple things,
Do not be misled by minor technical analysis,
The 4-hour candlestick chart shows a narrow consolidation trend,
There is obvious selling pressure above, unable to hold the key resistance level.
As the oscillation range narrows,
Short-term price space may be limited.
Currently, the main pressure level is at 105000,
Short-term support is at 103600.
If the key support at 103500 is effectively broken,
It may further drop to the 102000 range.
The long and short positions are still in a game phase,
Key support and resistance level breakthroughs should be closely monitored.
In the evening, Bitcoin suggests a rebound near 104500-105000 for a short position, with a target looking at 102500 first, and then 100000
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