Yesterday, the tariff war between Dongda and the U.S. has temporarily come to a close, with both sides making concessions. The U.S. stock market opened with a significant surge, but Bitcoin did not follow suit and experienced a pullback.
The reason is that funds have flowed into the U.S. stock market, after all, Bitcoin is influenced by the U.S. stock market, as the U.S. stocks are performing better than Bitcoin.
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Bitcoin broke through with volume at 102652, and the hourly closing price was above 102652, suggesting to go long on the right side. If it breaks down, set a stop loss.
At 101677, it broke down with volume but could not recover, suggesting to go short on the right side, and set a stop loss. Pay attention to changes in trading volume, and manage your stop losses well.
At 100668, a false breakdown occurred; recover lightly and go long one more lot. If there is a false breakdown at the low point or a breakdown below 100,000, set a stop loss. If you can't recover, don't go long.