$BTC

BTC Morning Analysis:

Last night, the market once again dropped to the vicinity of 103300 support and did not significantly break below this position's support.

Starting early in the morning, there was a slight rebound, and it is currently around 104760, with signs of a breakthrough and traces of a small downward trend upper boundary.

Today during the day, it is likely to follow a trend of fluctuations.

In the short term, pay attention to the area around 106600; when reaching this position, a short position can be initiated. On the downside, watch the 104700 level; if it holds steady at this position, a long position can also be opened.

If the decline continues, one can enter long positions between 103300-102500.

These three positions: one short, two long. Just remember to use stop-loss when trading, with stop-losses around 800-1000 dollars.

Follow Jinbao, there are solid insights every day!

#BTC