Morning Analysis

Bitcoin experienced significant volatility yesterday, with the current price around 113,100, situated at a critical decision point. The intraday market continues to decline to new lows, sending bearish signals to the market, with moving averages showing a bearish arrangement, diverging downwards, suppressing price rebounds in the short term. The Bollinger Bands are widening, indicating increased volatility, with potential for significant fluctuations both up and down.

Trading Suggestion: If the price retraces to around 112,000, consider taking a small long position, with a stop loss at 111,000 and a target of 114,000. $BTC #加密市场回调