7.2 Wednesday Bitcoin continues to maintain a high short position in the afternoon
From the four-hour chart, although there has been a slight rise, it is still within a downward channel. After breaking through the middle track, it is supported by the strong support level of 104500, which was the previous starting point. This line will also serve as a watershed for short-term trades. If this level is broken, it will impact the previous concentrated area, leading to intense liquidation. After a short-term rebound, we will continue with our high short strategy!
Trading Suggestions:
For Bitcoin around 106800-107100, target 105800, with a stop loss at 107300
