Intraday Market Analysis:
Bitcoin broke through the 10,700 barrier this morning and fell back to around 10,450.
Support: 104,200/103,700
Resistance: 107,000/110,000
Trading Suggestions:
1. Holders can continue to hold, but it's recommended to take partial profits around 107,000.
2. Short-term traders should wait for a rebound in the 104,500-105,000 range before entering.
3. If it falls below 103,700, be cautious of a trend reversal risk.
If anyone is confused by market fluctuations and unsure how to handle being trapped, or feels misled during their operations, feel free to reach out!
