Bitcoin's daily K-line alternates between yin and yang, with three tracks opening upwards, but the rebound high has not broken through the previous day's level. The MACD bullish momentum is shrinking, KDJ has formed a dead cross, and RSI is trending lower. It is advisable to primarily focus on high short positions and supplement with low long positions during the day.
On the 4-hour level, it is under pressure from the upper track, currently oscillating around the middle track support for a correction. The indicator trends are flat, and the market appears somewhat dull.
Key resistance levels to watch above are 109300, 109700, and 110400. Those looking to short at high levels should pay attention to the pressure at these positions and choose the right timing to enter.
We won't lead fans to explosive losses, nor will we blindly open positions. It's all about seeking steady wins, being methodical, and those who want to profit should get on board quickly!
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