There are many unstable factors in the market, but timely adjustments to strategy can effectively stop losses and even turn losses into profits! The morning session experienced a significant drop, with the price of Bitcoin severely pressured around the 106500 level, failing to achieve the expected rebound. Coupled with the turmoil in international situations (escalation of conflicts in the Middle East, Israel's war with Iran), the price of coins continued to decline to around 103000, briefly rebounding before falling again. The long position strategy set around 105300 in the morning has hit the stop-loss and exited. The subsequent strategy of reversing to a short position successfully captured about 2000 points of downward movement.
Currently, the market fluctuations are intensifying, with frequent price movements. The lower 100000 integer level serves as an important psychological support level and a concentrated area for buying, and it is expected to be difficult to break through effectively in the short term. For short-term operations, it is advisable to consider entering a short position after a price rebound, with the short-term target initially looking at the testing situation of the 102500 support level.
