5.25 Early Morning Thoughts:
From the four-hour chart analysis, the K-line quickly retraced after a sharp rise, and the price attempted to break through the $110,000 mark multiple times without success, indicating significant resistance above. If the market continues to be hindered at this resistance level, it may maintain a high-level oscillation pattern, and the fluctuation range may further narrow. In terms of operations, it is recommended to focus on selling high and buying low, gradually reducing positions near the resistance level and lightly entering near the support level, strictly setting stop-loss levels to avoid the risk of chasing highs, while closely monitoring changes in trading volume and key breakout points.
Operational Thoughts:
Bitcoin: 109800-109500🈳, Target around 107500-105500 $BTC
From the four-hour chart analysis, the K-line quickly retraced after a sharp rise, and the price attempted to break through the $110,000 mark multiple times without success, indicating significant resistance above. If the market continues to be hindered at this resistance level, it may maintain a high-level oscillation pattern, and the fluctuation range may further narrow. In terms of operations, it is recommended to focus on selling high and buying low, gradually reducing positions near the resistance level and lightly entering near the support level, strictly setting stop-loss levels to avoid the risk of chasing highs, while closely monitoring changes in trading volume and key breakout points.
Operational Thoughts:
Bitcoin: 109800-109500🈳, Target around 107500-105500 $BTC
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