The strong rebound of Bitcoin, supported by the bullish trend and CPI data lower than expected, has not been able to break through the recent high of 110650, indicating that the bullish momentum has somewhat weakened. Yesterday, the hunter emphasized that the drop in Bitcoin has been too much, which is not a good signal. Currently, the price has dropped to around 108000, finding support again. Looking at the 4-hour chart at that time, the short-term market has retraced to the middle band of the Bollinger Bands, showing some support strength. Therefore, a short-term position can be opened.
Current price 1084, direct position
Looking at the range of 109000-109500. If broken, look at 110300#美国加征关税