The bottom-fishing plan we laid out at 98,000 for Bitcoin is also coming to an end, and reaching the 10,000 points space is inevitable; at this moment, I believe many of you are confused about market sentiment and the subsequent major trend layout!
Yesterday's market also broke through 110,000 but did not stabilize effectively, indicating that the resistance above 110,000 is still very strong. A subsequent correction that breaks below the daily Bollinger middle axis carries a risk of a deeper pullback;
Currently, the knife is already at the throat; shorting is far more cost-effective than going long. There is at most a two to three thousand point space above, while there is a space starting from 10,000 points below. How will you choose?
Personal operation advice: For aggressive traders, short above 109,800; for conservative traders, short above 110,900. The short-term targets are 107,000 and 105,000, while long-term layouts can look towards 100,000 or even 98,000! $BTC