BTC pulled back to 1103 early yesterday morning, we placed a short at 1107, but we didn't get the position, lacking a bit of luck, but it's okay, not getting in meant no losses.

One thing to note is that for two consecutive trading days, there has been slight downward fluctuations around the US market opening, pulling back after midnight, and after the daily closing, it continued to fluctuate downwards. Today, we will observe whether this cycle continues.

Additionally, the China-US trade negotiations have made statements, and in principle, a framework agreement has been reached, but specific details have not been made public. Pay attention to the wording; in principle, there is likely to be back-and-forth discussions, such as on US debt, export controls, chips, and rare earths, which are key issues for both China and the US. If these issues are not well negotiated, and neither side gets the desired leverage, then a fallout could happen in an instant. This is not the first time for Trump to do something like this.

Yesterday, the US market retested and held the support level of 1080. Currently, there are two positions below: one at 1068 and one at 1080. As mentioned yesterday, similarly, if you want to go long today, you should rely on these two positions to enter. Conversely, if 1068 breaks down, a second deeper retest confirming the levels may not be ruled out.