#BTC重回10万

The early morning market for Hangqin has continued to heat up and surpassed the 100,000 mark but has not stabilized, experiencing a slight pullback in the morning, which is a normal phenomenon.

Currently, the hourly and daily charts show a decreasing buying volume and a gradual downward trend, with signs of the Bollinger Bands tightening, indicating insufficient momentum.

Coin Old Dog believes that if Bitcoin cannot stabilize above 100,000, it may experience a downward fluctuation, so watch for rebound pin bar signals.

In the afternoon, the Silk Road strategy involves selling high and buying low, with resistance levels at 10025/3450 and support levels at 980/3320. If the support level is broken, consider a downward trend; otherwise, continue to enter the market at lower levels.