Daily Bitcoin Analysis
After 12 hours of continuous pressure in the market, there has been a steady increase at the hourly level since last week. Currently, Bitcoin has fallen below the long-term moving average for the first time on the hourly chart, and the pattern is starting to show a narrowing trend. It is likely that we will see a gradual decline and oscillation trend. For intraday operations, it is sufficient to trade short along the trend line. The daily level pullback trend has not yet completed, so avoid being overly aggressive in going long. Today's key position is around 104000; after a 6-hour bullish close, we should maintain oscillation. If it continues to decline without volume in the evening, wait for a short-term signal at the bottom.
Intraday Key Positions
Support: 100400/99500/98700
Resistance: 104000/105100
