Today's trend of $BTC is still relatively in line with expectations

How to view the current market of $BTC , and how should we layout

From the trading volume perspective, it’s still quite objective, and there’s been a slight upward trend. Can we consider making trades now? Yes, we can. Observing the one-hour chart, a small W pattern has formed, and the current price is clearly not finished yet.

However, we have now reached a small resistance level. Is it worth taking the risk? I would say yes. This resistance is not very damaging, and there is still a profit of 1000 points from the current position to the major resistance level near 104500 above, unless you are conservative or don’t see the potential.

Without further ado, let’s look at the chart. A small position can cautiously try going long, while conservatively, one can consider going short at 104500 above.