BTC Technical News: False Breakout? Or Accumulation?
Bitcoin BTC broke through $115,000 last night but quickly fell back to $114,311.
Technical Analysis Shows:
Resistance: $117,000 (previously encountered multiple rebounds)
Support: $113,000 – $108,000 (high risk of breaking down in this weak range)
Form Risk: Signs of a false breakout after Bollinger Bands squeeze or first trapping longs before reversal
External Pressure: Increased market volatility due to changes in trade tension policies
Strategy Reference:
Short-term traders: Cautiously pursue longs if resistance is not broken, focus on the $113,000 defense level
Swing traders: Wait for an effective breakout above $117,000 before following up
Risk Control First: Always set stop losses during increased volatility
Today's Interaction
Do you think this wave is a false breakout preparing for a dive or an accumulation for a breakout above $117,000?
Share your thoughts in the comments, and I will pick a few for point review in the next strategy update! @加密凌墨