BTC Short-Term Market Analysis (Current Price: 104150)

Market Overview:

Bitcoin (BTC) remains strong at a current price of 104150, up 1% from the previous value (103086), firmly holding its ground above 100,000! There are basically no bearish signals in the candlestick chart, and bulls and bears are battling it out at the levels of 105000 and 100800. The market is a bit tedious, feeling like we are waiting for some big news to ignite the action!

Consolidation Range:

Upper Resistance: 105000 (tough resistance, recent high point).

Lower Support: 100800 (ironclad support, psychological barrier).

Technical Quick Review:

Four Hours: The price is oscillating in the range of 102000-105000, with trading volume not very strong, the trend feels like it's “holding back for a big move.”

One Hour: Around 104000, bulls and bears are fighting; if it breaks 105000, it will take off, but if it falls below 100800, it will need to pause.

Trend Prediction:

BTC will continue to linger in the range of 100800-105000. If it hits 105000 without breaking through, consider shorting; if it stabilizes at 100800, it may be a good time to buy. Without major news (like ETF approval or policy loosening), it is expected to continue oscillating, with short-term trades being the most appealing!

Operational Suggestions:

Short Selling: If 105000 can't hold, short it with a target of 102000 and stop loss at 106000.

Bottom Fishing: If it stabilizes at 100800, buy a bit with a target of 104000 and stop loss at 100000.

Swing Trading: Buy low at 100800, sell high at 105000, increase positions with larger volume, and chase if it breaks out!

Breakthrough Outlook:

Current price is 104150, the 100,000 defense line is strong, and in the short term, it will continue to oscillate between 100800-105000. To aim for 108000 or drop below 98000, we need to wait for significant news (like interest rate cuts or large capital sell-offs) to break the deadlock. Brothers, stay steady and don't panic, let's get into swing trading!