Current market observation, the Bollinger Bands on the four-hour chart of $BTC have not yet opened clearly, and the price continues to fluctuate around the middle track.
After a quick rebound following the morning dip, the bulls have not been able to extend further. As liquidity weakens over the weekend, the oscillation pattern is expected to persist. In terms of indicators, the KDJ has formed a death cross, indicating further downward space in the future market.
Therefore, weekend operations are advised to focus on short-term high short strategies.
Bitcoin trading suggestion: directly place short positions around 103500, with a target looking towards 102500, and if broken, can further look down to 101200.
