Midday BTC Outlook
BTC Key Level Assessment
Support Level: $105,000 → If broken, look towards $103,500
Resistance Level: $108,000 → $110,000
🔮 Trend Prediction
Neutral to Bearish: Unable to effectively break through the $108,000 resistance, may continue to test the $105,000-$103,500 range.
Rebound Scenario: May quickly rise back to $107,500-$108,000
⚠️ Trading Strategy Suggestions
1. BTC Direction Anchoring:
For those without positions: Confirm the validity of the $105,000 support. If broken with volume, target short at $103,500; if it holds above $106,500 with increased volume, consider a light long position.
- For those with positions: Set a stop loss at $104,800 to prevent liquidity-related crashes.
