The current market trend is highly dramatic, and the 106500 level is likely to struggle to form effective support. In my judgment, the price is very likely to rise above 110000.

The market always has a mix of joy and sorrow. In the early hours, the price once touched 106000, and then the situation changed rapidly, quickly dropping back to around 103200. For investors who stayed up late watching the market, their positions were able to break even; while those who decisively shorted at high levels also made significant profits, congratulations to all the friends who seized the opportunity!

This morning, the price rebounded again to around 107000. At this point, many investors chose to enter short positions, and the market “cooperated” by briefly dipping to 105400, successfully completing a trap for shorts. It can be imagined that not only are the newly entered short positions in a passive situation, but even those who shorted in the early hours and did not exit in time are facing considerable pressure. #山寨季何时到来？ #币安Alpha上新 #币圈