Tonight is lively, for those who are lost, please don't move randomly,
one careless move and it could explode, I will continue to share my thoughts
The current market breaks the conventional technical rules,
the direction after interest rate cuts is uncertain, need to observe the performance today and tomorrow,
from a technical perspective, the price is running below the upper Bollinger Band,
the 110,000 level is significantly suppressive, MACD bullish momentum is weakening,
short-term upward momentum is insufficient, the risk of chasing high is extremely great.
The downtrend line still exists, and there may be a possibility of a third retracement wave.
Short positions should be set between Bitcoin 109,500-110,000, with a target of 108,500-107,500
