The midday market continues to rebound and gradually rise, with the price reaching a peak of 96488 and then retreating. It finally dropped to around 94500 and stopped falling, allowing for a rebound. During this time, we proposed a short position for the rebound; both buyers and sellers have opportunities, and this is also how it was executed in real trading. When the price rebounds, short positions can be laid out as planned. Currently, the price is rebounding again, and the overall market trend has entered a consolidation phase as we expected at midday. I wonder if everyone has kept up? The market is indeed quite manageable. If you haven't grasped the rhythm yet, feel free to contact me; I will provide one-on-one guidance to help you seize your own opportunities.
Currently, the daily chart shows a doji star, and the price is consolidating near the middle track in the short term, with an intraday range approximately between 97000 and 94000. If it can break through the upper resistance level of 67000 or the lower support of 94000, it will open up more space. At present, the consolidation pattern has not shown a clear breakout, and the market is still in a tug-of-war consolidation state. As the opening time of the US stock market approaches, market sentiment may be affected. Tonight, we will continue to pay attention to the breakout and rebound of the range. If the price does not break out, the consolidation trend will continue, and in the short term, we will still look at high shorts and low longs within the range, relying on precise entry points. If a breakout occurs, we will need to adjust our strategy.
Short Bitcoin at 96100-96400, target around 94000;
