BTC
After experiencing a V-shaped rebound in this wave of market, it has now reached a critical price level. Currently, we need to pay attention to whether the one-hour price can return to the zero axis. If the zero axis does not break through the 105600 level, we should watch for a continuation upward trend. However, I personally believe that at this position, the risk in one hour is greater than the opportunity, so the resistance level above 10670 cannot be firmly established. If it breaks through, it will move around the 110000 mark.
If we want to go short, we can consider initiating a short position around 106000 and 106700, with the stop-loss placed at 107000 and support levels at 105600 and 104800.
