The nighttime trend of BTC aligns with the expectations from early morning without significant changes. It is suggested to make short trades at 99500, which can capture a considerable range.
From the current chart, it can be seen that BTC did have a false breakout to 99950, but it quickly faced resistance and fell back, indicating that there is still a lot of pressure above. The expected trend during the Asian session is not likely to change significantly, so we should wait for the continuation of the rebound during the US session.
Therefore, during the Asian session, we will continue to use high and low trading for range operations, but one point to note is that as the low points continue to rise in the short term, the areas for high and low trading should also adjust upwards with market changes.
Asian session trading suggestions:
A long position can be entered in the 98000-98300 range, initially targeting 99800. Upon reaching this level, a small stop-loss should be set to take profits on the pullback, and the position should be closed before the US session.
