Yesterday's market trend was extremely dramatic: during the day session, it showed an overall oscillating trend, but after the evening session opened, the market changed drastically and entered a mode of sharp decline. The price continued to plunge, not only breaking the key support level of 103000 but also approaching the 100000 mark, with a single-day drop of over 5000 points.
Currently, although there are signs of a short-term rebound, upward movement is significantly hindered, and the 103000 level has shifted from a previous support level to a resistance level, reopening the downward channel. Given the current situation, breaking the 100000 mark has become a high probability event.
Based on this, today's trading strategy continues to maintain a bearish outlook:
Trading suggestion: When the price of Bitcoin rebounds to the range of 103000 - 103500, one could consider positioning for a short position, with a target price looking towards 100000. #BTC #ETH #我的COS交易 #特朗普马斯克分歧 #加密市场回调