Today at noon, the price trend of Bitcoin showed a characteristic of severe fluctuations. During the noon session, there was a rapid price drop, breaking through recent lows, with a minimum price reaching around 103,000. Subsequently, the market experienced a technical rebound, and the bearish momentum weakened, gradually recovering lost ground, forming a clear signal of stabilization.

From a technical analysis perspective, the current price fluctuation rhythm has noticeably slowed down, and the Bollinger Bands' upper and lower bands are beginning to narrow, indicating that the market will enter a relatively stable range-bound phase in the short term. Based on historical data and current market sentiment, it is expected that Bitcoin will likely oscillate within the price range of 103,000 - 104,000.

For short-term traders, the current market pattern provides a good trading opportunity. It is recommended to enter short positions with a light load when the price rebounds to around 103,800. It is crucial to pay close attention to the key support level at 103,000. If the price effectively breaks below this level, it indicates the start of a new downward trend, and one may consider increasing their position size while targeting the levels of 102,500 - 102,000; conversely, if the price finds effective support around 103,000 and shows signs of stabilization and rebound, one should promptly cut losses and exit to avoid unnecessary losses. Additionally, it is advisable to closely monitor changes in trading volume; if a significant decline occurs within the range-bound phase, it can further confirm the bearish trend. #中心化与去中心化交易所 #交易类型入门 #FTX赔付 #特朗普媒体科技集团比特币财库 #PCE数据来袭