#BTC
The BTC price has recently broken below the trend channel, and the direction remains unclear. It can only be said that it is experiencing a significant pullback,
Currently, the pullback is consolidating in the dense trading area of 102000-106000. Breaking below this dense trading area may reverse the upward trend of BTC,
Currently, the first support can be seen at 103000, with range support at 102000, and resistance levels for upward movement can be seen at 106000 and 110000.
Currently, the prediction for BTC is that it will enter the range of 102000-108000 for consolidation in the short term,
The trading strategy within this range can be to short high and long low, with a recommendation for light positions, and gradually increase the position as the direction is confirmed,
Wishing you profits
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