This week, the market is destined to be thrilling! ⚡ Xiaozhuge reminds everyone again: be very careful when making trades!
This morning, Bitcoin broke through the 110,000 mark, but whether it can truly hold remains highly uncertain! If it can stabilize and strongly break through 110,600, it would mean Bitcoin is likely to break through the downward channel's resistance, and once it confirms it can hold, the target will be aimed around 112,000! 🔥
Brothers, this coming week is crucial for Bitcoin! This could very well be the last chance to test the bottom, accompanied by the market's crazy washout and intense tug-of-war. The market is volatile, and profits could turn into losses at any time, making trading more challenging than ever! Therefore, I must emphasize again: do not stubbornly hold onto the position! Take profits when you can! If you have made gains, secure them first and do not let the profits slip away!
Today, our most important focus is whether BTC can firmly hold above the downward channel line! If it cannot hold, then the short position from this morning at 110,500 can still be held, with a chance to enjoy a satisfying downward trend! If it unexpectedly holds, don’t panic! Exit decisively at break-even and wait for higher short entry points; there will still be opportunities to strike!
Xiaozhuge firmly believes: the real bottom of this round has not yet appeared! It is highly likely to surface this week! So brothers, please stay vigilant, keep a close eye on the market, and proceed steadily; never underestimate the situation!