This morning, Bitcoin surged strongly to around 107100, refreshing recent highs, but failed to stabilize effectively and began to decline. After a small loss on long positions this morning, decisive action was taken to successfully cover the shorts and make up for the loss! From the four-hour level, Bitcoin is currently still in a downward channel, continuing the downtrend. Key focus for the day is the support break at the lower track on the four-hour chart.
Trading advice: Remain firmly bearish!
Short Bitcoin in the 103800-104300 range; target 102000-100000
Open short positions in the auntie range of 2420-2450; target 2300-2250
The market is highly volatile, be sure to set stop-loss orders strictly and manage risks! #山寨季何时到来?