BTC Midday Analysis
Bitcoin once again challenged the 110,000 mark in the morning, facing short-term pressure and retreating, currently oscillating around 109,000.
Overall, shorting at high levels still offers good cost performance. If this round of market falls below the 107,000-108,000 support zone, it is expected to trigger a new round of correction.
Trading Suggestion: At the current price near 109,500, try a light short position, with the initial target set at 107,000. If it breaks below 107,000, further weakness is expected, continue to look downward! $BTC $ETH