$BTC Current market hides huge profit opportunities, short or bottom out?

Bitcoin has been very volatile recently, and the price has dropped back to the level before the big surge on the 13th. Currently, there is short-term support around 103500, but the key support level is at 100800. As long as it does not fall below this level on the four-hour chart, the market will continue to fluctuate within the 100000-110000 range.

The trading strategy is quite simple: short at high levels and long at low levels. However, recently I've mainly been making money by shorting, as it is currently easy for bears to push the price down. With just a bit of negative news or panic emotions, the price can drop quickly. However, a significant rise requires strong positive news and enough capital to absorb the selling pressure.

Currently, there are signs of a rebound on the four-hour chart, but the expected strength is limited. The short-term resistance level is around 106100, and you might consider shorting here. Also, a reminder that the Federal Reserve will announce news in the early morning; during such times, market volatility may increase, so remember to set your stop-loss when trading.

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