Swing trading opportunities are emerging!
Referencing historical trends, Bitcoin has experienced around 2 weeks of consolidation after each rally, and we are currently in a window for swing trading. The short-term resistance level is $104,500, and the support level is $101,500, allowing for high-selling and low-buying within this range.
After the consolidation, Bitcoin may start a new trend: aggressive traders can gradually build positions in the support zone and capture the main upward wave once the trend is clear, betting on the opportunity to break previous highs; if the price breaks down through support, a slight dip below can trigger a stop-loss to exit, aiming for potential gains with limited risk.
