$BTC This market is really good, it has risen well. In the early hours, there was a breakthrough followed by a sell-off. Many students may be questioning why the sell-off?

The pce data also met expectations, so why the sell-off? There is no reason; the answer has already been told by the market.

Bitcoin broke through 102728 with volume, closing above the 102728 hourly level. Enter long on the right side and recover stop losses.

102335 broke down with volume and could not recover on the bounce; enter short on the right side and recover stop losses. Pay attention to changes in volume.

A pullback to 101509 is a false breakout; recover with a light long position, with stop losses at the low of the false breakout. If it can't recover, do not go long.

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Bitcoin must break through and hold above 103062 on the hourly level to continue moving upwards, targeting positions above at 104067-104819.

Be cautious of a 2b false breakout at 103880; take a light short position. If it breaks 104411, set a stop loss.

Conservative players should wait for a long at 100667; if it breaks below 100,000, a stop loss must be set.

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On the 4-hour level, breaking below 101410 means going back down, looking down towards 100292-99314.