From last night until 7 AM today, the market experienced dramatic fluctuations, showcasing a striking volatility trend. The price initially surged rapidly to around 106,000, then quickly fell back to around 103,200, before rebounding strongly, soaring directly to 107,100. The intraday volatility is astonishing.
In the short-selling strategy provided early yesterday, it was recommended to set up short positions at the 106,000 level, with a target aimed at 103,000. Although this target was successfully reached, the price rebounded very quickly, demonstrating the market's high activity. As previously analyzed by Azheng, when the price successfully breaks through 106,000, the overall upward trend remains strong.
Based on this, subsequent trading advice suggests focusing on going long at lower levels: setting up long positions in the 104,000 - 104,500 range, with the first target price set at 107,000 and the second target price aimed at 108,500.
Additionally, for another trading asset, one can go long in the 2,390 - 2,420 range, with the first target at 2,490 and the second target at 2,550, #BTC挑战11万大关