$BTC 107600 defense line collapse warning! Soros' legion has lurked in the 38.0% Fibonacci kill zone!
Technical Triple Pressure
Moving Average Dead Pressure: BTC price at $107,633 is firmly held down by MA7 (108,476.85) and MA30 (108,537.23). This morning's high was only $108,525, immediately sniped by the bears.
Support Line Emergency: The bottom edge of the triangular convergence is at the first support of $107,633, with a second support at $107,600 and a third support at $108,000 — this is the bull-bear watershed; if broken, the focus is on the watershed at $104,000.
Fibonacci:
38.0% retracement level at $105,819.43
61.0% retracement level at $104,363.59
If it falls below $107,600, these levels are the bear targets.
Lack of Volume: Trading volume shrank to 886.98, quieter than a market stall, as the market waits for tonight's CPI.
Strategy (Focus on Key Levels)
Long Signal: Stabilize above $108,500 + break through with volume.
Short Signal: Break below $107,600 with a weak pullback.
Stop Loss Rule: Retreat if losing more than 1%, don’t be cannon fodder.
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