The morning market has once again performed as expected. After Old Wang's post this morning, Bitcoin pulled back to around 104600, and then it surged to around 105200, reaching the 105300 level mentioned in Old Wang's morning post. After that, it began to correct. The altcoin also reached a high of 2546, and after hitting around 2550, as indicated in Old Wang's post, it started to correct as well. Bitcoin has already brought us a profit of 600 points, and the altcoin 30 points. I wonder if everyone has followed Old Wang's thinking on this wave.
Currently, the live market is influenced by fundamental factors, and the market is undergoing a correction. In the short term, we can continue with the range fluctuation strategy, observing the upper resistance level around 105500. If it breaks but fails to hold, we can continue to position for short trades under pressure. If it does not break, we act accordingly, shorting at high positions and going long on pullbacks. The support level below is at the 104000 mark.
Trading suggestions:
Bitcoin around 104200, target 105300.
Altcoin around 2480, target 2550#GENIUS稳定币法案 $BTC .