Monday Morning Jingyi Operation Strategy Analysis

Short-term wash and rebound, recovery trend continues

The overnight Bitcoin is nearing the 110,000 mark, with significant short-term washing and pressure on the bulls; however, the current rebound is strong, and the recovery effect is significant, with clear continuity.

Four-hour chart: The channel is narrowing, a midnight high pressure tested the bottom before quickly recovering, with no continuation of short positions in the small cycle, and a wide range of fluctuations continue, with a shrinking upward trend being the main pattern for this week.

- One-hour chart: After the oscillation down opened a downward channel, no continuation of weakness, followed by a continuous rebound, the recovery trend continues, and there is still room for release above, today's strategy remains low and long.

Operation suggestions:

BTC Long near 112,500 and 113,000, target around 113,800 and 114,300, if broken look at 114,800.

Market conditions change rapidly, this strategy is for reference only $BTC $ETH #以太坊生态山寨币普涨