Thoughts at noon on February 20

From the 12-hour line, after trading sideways for several days, there was a "fake fall test" but no increase in volume, and the price is undergoing technical repair. The white market may continue to rebound mildly, but the shock pattern has not changed - just like a spring always rebounds a few times after being pressed to the bottom, but there is still selling pressure resistance above.

Pay attention to the current market, the trend of BTC is no different from the prediction last night, the price rebounded smoothly and stood firmly above 97,000. According to the current trend, the price has most likely entered a new upward range, that is, the range of 97,000-100,000. For now, 98,000 is a short-term resistance level, and the price is expected to pull back after reaching this resistance level. Friends who have multiple orders must increase their risk awareness, lock in profits in time, and protect their profits.

Operation suggestions

Big Cake enters around 97500, the target is around 96100-95500

Second Cake enters around 2760, the target is around 2700-2680

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