BTC Morning View
- Resistance: $109,500-$110,000
- Support: $108,000-$108,300
Market Scenario Analysis
Scenario 1: Volatile Rebound
Trigger Condition: Price stabilizes above $109,000
Short-term Resistance: $109,500-$110,000 (Short Stop Loss Zone + Technical Resistance)
Breakthrough Target: $110,500-$111,000
Scenario 2: Second Bottom Test
Trigger Condition: Price falls below $108,500
Support Verification:
Strong Support 1: $108,000-$108,300
Strong Support 2: $106,500-$107,000
Trading Strategy
1. Bullish Strategy
Right-side Breakthrough: If the price stabilizes above $109,500 with volume, enter long, stop loss at $108,800, target $110,500-$111,000.
Pullback Setup: If the price retraces to $108,300-$108,500, build a position in batches, stop loss at $107,800, target $109,500.
2. Bearish Strategy
Current Price Short: Open a short position in the $109,000-$109,200 range, stop loss at $109,700, target $108,500-$108,800.
