$Bitcoin
📍Current Price: $106,100
📈 Trend: Bullish (the price just broke out)
🔻 Funding Rate: Extremely negative (-0.0457%)
→ There is still potential for an increase → but it's approaching a dense sell area!
✅ Two potential scenarios for entry
🔺 Scenario A: Long entry
🎯 Entry: Re-test at $105,300 - $105,800
Why? This is the new support after the breakout.
Ideal if a bullish rejection candle appears (pin candle/engulfing).
The plan:
- Long entry: $105,600 (or after a rejection candle forms)
- Stop Loss: $105,100
- Take Profit: $106,800 → $107,300 → $107,800
⚠️ Only enter if there is a real bounce (not in case of price drop).
🔻 Scenario B: Short entry
🎯 Entry Point: in the range of $107,300 - $107,800
This is a strategic sell area + strong offer + pressure target.
Wait for reversal signals (such as a pin candle, engulfing, decreasing volume, RSI divergence).
The plan:
- Short entry: $107,400 - $107,700 (after a signal appears)
- Stop Loss: $108,100
- Take Profit: $106,000 → $105,300
⚠️ Do not short early - wait for confirmation!
🧠 Which is safer?
Currently, it is much better to wait for a sell in the upper region (Scenario B).
For the following reasons:
- The price has already risen significantly.
- Upside potential is limited.
- Short selling pressure is nearing its end (trading volume may weaken above $107,000 or more).
Trade Bitcoin now and seize your profit opportunity!
