From the 4-hour K-line of Bitcoin, the upward rebound failed to break above the middle track of the Bollinger Bands, and the overall bearish trend is still continuing. There is a high probability that the previous low of 102,600 points will not hold. It all depends on whether it can break through 100,000.

The overall trend for next week is still mainly focused on short positions, with the first profit-taking point for the bears looking at the 102,600 point level, and if broken, then looking at the 100,500 point level. If this level is broken, 100,000 will definitely not hold.

​Operation suggestion:

Bitcoin around 105,500-105,800, target 104,500, stop-loss 106,000#币圈现状

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