1.2 Bit Market Analysis and Trading Suggestions
Recently, there has been no significant change in the overall structure, and it remains in a wide range of fluctuations. The upper range is 95500, and the lower range is 92000. There was a rebound last night, but it did not break through in one go, ultimately consolidating around the 95000 level.
On the four-hour chart, the upward movement failed to sustain, and after the surge, it faced pressure and retreated. There is strong resistance above, and the current structure has not changed, so the probability of a breakout in one go is low. Therefore, we can still adopt a range fluctuation approach to engage in high short and low long positions.
Large 🍪 95500-96000 short, target 93000
If it touches but does not break, you can engage in long positions
