Further Analysis and Outlook of the Evening Market for Bitcoin:

Current Market Overview

Bitcoin broke the key level of 107,000 after a high surge and then stabilized at a low position. This type of movement is different from a typical downtrend and has signs of a potential trap for short sellers. The trap could be the market creating panic, causing investors to sell their holdings, thereby clearing the selling pressure for a subsequent increase.

In-depth Analysis of Trap Possibility

- Technical Analysis: From a technical perspective, traps often occur at key points during market reversals or the continuation of an uptrend. Bitcoin did not continue to decline after breaking 106,900, indicating that bearish pressure has likely been released, and bullish momentum may be accumulating, showing signs of a counterattack.

- Fundamental Analysis: The overall development of the cryptocurrency market has been positive recently, with the global acceptance and application of digital currencies expanding, and increased participation from institutions and investors, providing support for the long-term rise of Bitcoin prices. At the same time, regulatory policies are becoming more stable and standardized, reducing market uncertainty and further supporting the possibility of a trap in Bitcoin's movement.

Precise Predictions and Operational Strategies for the Evening Market

- Long Position Setup: Based on current analysis, Bitcoin is highly likely to experience a rebound this evening. Investors can cautiously position long orders after stabilization in the 107,000 range, as this range has strong previous support, and the likelihood of a price rebound here is high.

- Target Setting: If the long position is successful, the initial target can be set around 109,000, which is a key resistance level recently; breaking through this level is expected to open up more upward space.

- Risk Control: It is crucial to strictly set stop-loss and take-profit levels during operations, and to manage positions wisely. The stop-loss level can be set around 106,500; if the price falls below this, investors should exit promptly. When reaching the target or if a reversal signal appears, take profit in a timely manner to lock in gains.

Risk Warning

The cryptocurrency market is highly volatile and uncertain, with prices influenced by regulatory policies, market sentiment, macroeconomics, and technical factors. Investors should remain rational and calm, develop plans based on their own risk tolerance and investment objectives, and strictly adhere to them.