#比特币走势观察 rebound pressure testing, pulling back to add more positions as the main strategy!

Bitcoin had a rebound in the morning, rising to around 99200, exciting the bulls, as the 100,000 mark is just within reach. At this moment, it is essential to remain calm; I am not bearish, I am just reminding everyone of the risks, and to avoid chasing prices up and down. The upper level at 99500 needs to hold steady to continue the sprint towards 100,000. According to the Fibonacci retracement, the 618 level is right at 99500, so it is not suitable to chase long positions directly above 99000 to prevent pullbacks. Of course, if you are lightly positioned and don’t mind holding onto your positions, and if you can handle the risk, then there’s not much to say. It is inevitable that we will return to six figures by the end of the year, and stabilizing at six figures is a must. This week, focus on the gains and losses around 95500; if the pullback does not break this level, then the bulls will try to test the 102000 level. If it breaks below 95000, we may continue to see fluctuations.