The morning Bitcoin performance plummeted rapidly, but the European market reversed and surged again. Short positions regrettably exited, after all, they were right so many times that one small loss does not affect the overall situation.

The Bitcoin performance made a deep V reversal, with the former breaking through the 11.3 level and the latter again breaking through the 4600 level, indicating that the 110,000 level has strong support, and there is a phenomenon of market makers protecting the price. The performance fluctuates significantly, purely a range consolidation mode.

Currently, during the European market phase, Bitcoin remains stable, and the upward momentum is also in adjustment. Next, pay attention to resistance around 11.4/4650 above, and focus on support around 11.1/4550 below. According to the current trend, there are still signs of a short-term upward movement, and the operation can still maintain a main long and auxiliary long strategy. $BTC