Good afternoon, everyone!

Based on the trends observed from midnight until now, we have entered a new round of sideways fluctuations. The range positions indicated in the Silk Road have all been touched, so we will continue to use these top and bottom levels as directional references.

Currently, Bitcoin is under pressure and retracing, with support levels to watch around 1033-1023. If these levels hold, we can look for a rebound; if broken, watch for around 1010. The target for the rebound above is initially around the previous high of 1051, and if that breaks, we will look towards the resistance at 1065-1073.

As mentioned earlier, the correction will rebound if it does not break 2430. The initial pressure target above is around 2550, and if that breaks, we will look towards the 2600-2660 range. For today, if there is a pullback, we should initially watch around 2450-2420. If that does not break, a rebound is still possible; if broken, then watch around 2380-2320.

For those not yet in the market during the fluctuating conditions, it is not advisable to enter aggressively. Those shorting should wait for a stable position before entering. #策略交易 $BTC