BTC Afternoon Market Interpretation and Strategy Reference
In the afternoon, we focus on the BTC market. Let's first review the market dynamics: Bitcoin dipped to around 110,481 during the early hours, while the cryptocurrency market saw significant liquidation, with a total liquidation amount of 513 million USD in the past 12 hours. Among this, Bitcoin had liquidations of 224 million USD and Ethereum had liquidations of 170 million USD. From the recent rhythm, Friday's short positions were under pressure, and Monday's long positions were impacted. The alternating fluctuations between long and short positions indeed place higher demands on operational rhythm.
Currently, there are no divergence signals in the market, and there is still some pressure at lower levels. However, considering the overall trend and market signals, the afternoon strategy still leans towards primarily building long positions at lower levels. It is suggested to focus on entering long positions opportunistically in the 112,000-111,500 range, with a short-term target initially looking at 113,000-114,000. If we can break through key levels subsequently, we can further target 115,000. In the face of volatile markets, we maintain confidence in long position strategies and remind everyone to manage risk well and calmly seize market opportunities. #BTC走势分析