Tiancang warehouse, you are blind, with long positions in hand you are not blind.
After the evening handshake between China and the U.S. on tariff issues, the market welcomed a wave of cheers, and the cryptocurrency market rose across the board in the morning, with Hong Kong stocks following suit at the opening.
Yesterday, Bitcoin broke through the first line of defense at 106800, indicating that the bulls were strong, stabilizing in the range of 107500-108300, and if it breaks through 108300, the market will still reach above 110000. Currently, the top resistance levels are at 111600 and 112000, so if the first resistance level is broken, pay attention to 112000.
Today's trading suggestion is to go long at 109035-109400, with a stop loss of 800 points. The target is 111600, and if it breaks through, look for 113000-114000.
Recently, the news has had an impact, so manage your positions well and focus on risk control.
