This Week's Market Outlook and Today's Trading Strategy

A new week, a fresh start! Looking back on last week, our market predictions were remarkably accurate, and the navigational strategies we provided each day successfully led our partners to substantial profits. Even during the weekend, we didn't stop our rhythm of betting against the market. This week, we positioned ourselves to short from above 110,000, which has continued to decline to 103,000, resetting the winning record! We hope to continue this glorious achievement this week.

From the four-hour K-line chart, the market has been closing lower continuously, testing the support level near 103,000, followed by a slight rebound over the weekend. However, the overall trend remains in a downward channel, and the previous strong support level of 106,000 has now turned into a key resistance level. Based on technical indicator analysis, there is a high probability that we will test lower support levels in the future.

Today's trading suggestion: When Bitcoin rebounds to around 106,000, consider placing short orders at a high, targeting 103,000. After reaching the target, closely monitor the breakout situation of this support level, and then flexibly decide whether to follow the trend to short or to take a long position.