6.8 Chen Fei Talks Coins

The Bitcoin market has been relatively volatile over the weekend. After the market's low point touched around 104,900, the bulls started to gradually exert strength and move upwards. Currently, after reaching a high point near 106,100, it has been significantly suppressed. The upper resistance is still quite strong, and there is insufficient support below. The KDJ bull indicator has reached the top position, so it is recommended that everyone can continue to short during the rebound.

Bitcoin (BTC)

Direction: Short Position

Current Price: 106,500～106,700

Take Profit: 105,800～105,500

Stop Loss: 107,100

As an 8-year veteran in trading, skilled in various operating techniques, accurately grasping highs and lows for profit-taking, and maintaining a steady approach, I welcome everyone to exchange ideas.