From June to September each year, the market is basically characterized by fluctuations + confusion + a cluster of fake movements. During this time, bulls should enter and exit quickly, without overthinking the situation; simply sell high and buy low can be converted into a high short and more observation. The market's slow rise is a way for retail investors to control their hands for profit. On Wednesday evening's live broadcast, a short position was given for Bitcoin at 104300 and for Ethereum at 2500. There is also short-term profit available, and the stop-loss levels have been set. As for whether to hold or take profits, it's up to you. The overall market still involves selling high and buying low in the short term. I want to reiterate that the real-time market trend should be based on actual trading!
The candlestick pattern has recently shown a doji star, indicating a balance of bullish and bearish positions in the market. However, a bearish engulfing pattern was previously observed, and the downtrend pattern still holds an advantage. In trading, you should be prepared for this kind of market. The market after the fluctuations has also formed a descending triangle pattern; the direction at the end of the triangle is clear, and it will still be in a state of fluctuation. If it breaks below 104000, the downtrend channel will essentially begin.
Bitcoin is hovering around the 105500 line for short positions, with support levels to watch at 103500/102600 below. If these levels are broken, one can look at the support at 100300.