Resistance at 106750.9: Reduce position by 50% or reverse to short?
Personal view of Jin Zhu: High-level fluctuations prevent a pullback #BTC
Trend: Moving averages in bullish arrangement, price stabilizing at 102,000 support, MACD red bars shrinking but both lines above the zero axis, overall upward trend unbroken.
Key Levels:
Resistance 106750.9: Three attempts to rise and fall, forming a technical + psychological pressure zone
Support 98115.4: Starting point of the pullback rebound on 6/24, bullish defense line
Risk: Profit-taking pressure during Asian session + Middle East geopolitical conflicts, beware of breakthrough declines
Future Strategy: Sell high, buy low to control risk
Position Discipline: Single trade ≤ 20% of total funds
Buy and Sell Points:
Buying Point:
Price pullback 98115.4 stabilizes
Position: 1-2%, Target 104,000/106750.9
Stop Loss: Below 98000
Selling Point:
Price rises 106750.9 meets resistance
Action: Reduce position by 50% or lightly short, target 99,000
Stop Loss: Break above 107,000
Real-time Monitoring:
Market signal: MACD green bars expanding, red bars continuously taking early profits
News Alert: Regulatory, war, and other black swan events, suspend trading
Core Operation: Buy at support, sell at resistance, stop on breakouts. Strictly adhere to the 98115.4-106750.9 range operations, do not chase highs or cut losses
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