$BTC Bears, please bring out the champagne, bulls manage your hands well, don't rush to catch the flying knives!
Technical Structure Analysis:
Short-term: If the rebound does not exceed 109,800, continuously blocked, the supply zone's destructive power is at full capacity.
Medium-term: MACD momentum is exhausted, Stoch divergence, high-level fluctuations form an M-top, breaking below 107,800 = signal of a breakdown.
Long-term: Fluctuations at the upper edge of the large channel, if it does not break 112,000, the probability of a pullback to the central axis zone (98K~100K) increases significantly.
🧨 Long and Short Strategy:
✅ Long Position: Strong support near 107,000 not broken + increased trading volume can test for low absorption, stop loss at 106,500, target 109,000;
⚠️ If holding long positions above 109,000 → suggest reducing positions for defense, exit if breaking 107,800.
✅ Short Position: For short positions above 110,000, it is recommended to continue holding, with a target of 105,000 or even 102,000;
⚠️ If shorting near 109,000, be aware that the 107,800 area may bounce back, suggest reducing positions to lock in profits.
Now is not the time to compete on direction, but on the ability to survive.
Those who don't understand stop-loss will turn bulls into cannon fodder; those who don't understand patience will also be spit back by bears!
Even Pinduoduo can cut itself with a financial report!
