Bitcoin Morning Analysis
Currently, Bitcoin is fluctuating around 119,000. As long as it does not break down in the short term, we continue to lean towards a bullish perspective.
It is recommended to enter long positions on a pullback in the 116,000–117,000 range, with a stop loss set below 114,500 and an initial target at 120,000. If it breaks strongly, we will continue to look at the 125,000 area.
If the market rises first and does not break around 122,000, and there is a clear drop when encountering resistance, a short position can be taken with targets back to 118,000–116,000.
Both long and short positions should not be taken recklessly; key levels must be observed. If it should go up, then go up; if it should go down, then go down, without hesitation. $BTC #BTC再创新高 #Strategy增持比特币 #交易策略误区 #美国加密周 #ETH突破3000