$BTC Tuesday, Brief Analysis of Bitcoin Morning Market

After going through storms, one can truly appreciate the value of a sunny day; after experiencing hardships, one understands the comfort of a smooth path, such is life.

From a technical perspective, on the hourly level, the overall operational channel still maintains an upward opening state. During the day, the price strong surged to a high of 107777, successfully refreshing the historical peak, followed by a large bearish pullback. The K-line strongly broke through the middle track area and closely adhered to the upper track, continuously rising until 107777 before closing with a bearish candle!

Although at this stage the coin price has some stopping effect in the middle track area, with the increasing volume arrangement and the downward diffusion signs of the moving averages, the short-term middle track cannot stop the pullback. Given this, our morning layout should still follow the current rhythm and go short accordingly!

BTC: Short in the 105800-106300 area, target 104000-103000

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