#BTC Short-term Trend Analysis and Trading Strategy Market Review:

$BTC Recently reached a high of 107,000 and encountered strong selling pressure, confirming resistance above. The current price of 103,450 is operating at the lower trendline of a descending wedge, the pattern is bullish, suggesting a possible short-term rebound.

Technical Analysis:

Descending Wedge: Support at 103,450, a breakout above the upper trendline (104,500) may indicate an upward movement.

Resistance: 107,000; a breakout could target 110,000.

Support: 102,500; a break below may test 100,000.

Volume: Declining volume, selling pressure weakening, buying may be accumulating.

Indicators: RSI around 45 (neutral), MACD approaching a golden cross, bullish momentum beginning to appear.

Trading Strategy:

Current Price Long: Enter long at 103,450 with a light position, target 106,000-107,000,

Stop loss at 102,000, risk-reward ratio approximately 2:1.

Risk Control: Position size 2-3%, vigilant of sudden volatility.

Rhythm: Increase position on a breakout above 104,500, stop loss and wait if it falls below 102,500.

Summary:

BTC stabilizes at 103,450, the descending wedge is bullish, suitable for a light position to bet on a rebound, target 107,000. Proceed with caution, strict risk control!