From the perspective of BTC multi-timeframe K-line, the price is in a consolidation pattern, short-term moving averages are intertwined, the MACD indicator shows signs of flattening or weak fluctuations across different timeframes, and the KDJ indicator repeatedly crosses. The overall trend is unclear, and the forces of bulls and bears are temporarily stuck. Currently, the price is just at the junction point, and the direction is yet to be confirmed!
Today's operation suggests a change in thinking, don't eat the fish head and tail, only the body!!!
Long position strategy: If the price rebounds and stabilizes at the 104000 position, take a light long position, with a take profit target around 105500.
Short position strategy: If it breaks below 103000, take a light short position and look for further decline, with a take profit target around 101500.
