Weekend Silk Road Analysis:

After BTC broke the key support level of 108500 in the early session, it quickly dipped to the 107000 level. Although a technical rebound occurred on an hourly basis, the momentum is clearly insufficient. Currently, 108500 has transformed from a support level to a strong resistance level. Considering the current situation of low market liquidity and the difficulty of volume supporting an effective breakthrough over the weekend, it is recommended to focus on a high short strategy during the day.

Operational Suggestions:

Short positions on Bitcoin when it rebounds to 108200-108500, first targeting a break below 107000, and further looking at a target of 106300. $BTC