Currently, the Bitcoin daily chart is under slight pressure near the middle band of the Bollinger Bands, experiencing a high-level oscillation market, indicating that both long and short positions are in a heated battle. The hourly shorts are testing the middle band’s resistance capability without hope, gradually being recaptured by the longs. The current trend is beginning to contract, and the continuity of the longs is not very strong. In the early morning, we can continue to short one hand of longs, just ensure proper defense (105000).
Bitcoin near 105500 long, target 106800
