$btc5.29 Intraday Trading Strategy

BTC has broken down below the important 4-hour trend line. After the important support level held, the upward momentum is weak, so there may be a continuation of the 4-hour top divergence leading to a deeper pullback before attempting to hit new highs. Key levels to watch: The range of 108363-108965. Can it break above 108965 directly?

Trading suggestion: Long positions in the morning. If a top divergence appears here, take profit and exit.

If trading signals appear in the 108363-108965 range, go short with targets at 106198 and 104630. Stop loss at 108965; if it breaks above 108965 directly, choose to observe.

After breaking down below 107860, short on the pullback, with targets at 106198 and 104630. Stop loss at 1, creating a high point in the morning.