Morning Bitcoin Market Analysis and Trading Suggestions🌞🌞
The Federal Reserve remains steady, and the market is calm in the short term. BTC dipped to around 1157 in the early hours before stabilizing and rising to around 1183 in the morning.
This position is not simple, as it coincides with the previous high point of the downward fluctuation, with pressure being confirmed. The current trend still leans towards a fluctuating structure, and it is expected to continue operating within the range during the day, with no clear breakthrough signal yet.
[Trading Rhythm]
The current suggestion is to operate around key positions:
Upper range 118400-118800 under pressure, short in line with the trend;
Lower support zone 117000-116500, observe for stop-loss signals before going long.
In the shorter cycle, the rhythm is fast, suitable for those with strong execution skills to trade back and forth. Both long and short positions can be profitable; the key is to "enter accurately and exit decisively."
