Bitcoin's daily K-line alternates between bullish and bearish, with all three moving averages trending upwards. However, the rebound's high point has not surpassed the previous day's high. The MACD shows a decrease in bullish momentum, KDJ has a death cross pointing downwards, and the RSI is trending lower. The overall strategy remains to focus on high shorts, with low longs as a supplement throughout the day.
On the 4-hour level, it is continuously under pressure from the upper track, currently oscillating around the middle track support for correction. The indicators are quite dull, and this oscillating market...
For Bitcoin, the upper resistance levels to watch are 109300 and 109700, followed by 110400 at the high. If you want to participate in high shorts, pay attention to the pressure at these levels, and select these positions for entry and layout. $BTC