$BTC
Today's Bitcoin Strategy
It's the weekend again, and the market has also temporarily slowed down.
Looking at the market, the trading volume has started to decrease, and there is a vague downward trend. However, the market sentiment has not been fully consumed yet, and it feels extremely compressed and poised for action.
This weekend, there is a high probability of breaking 100,000, so we remain bullish, but in the short term, we need to be prepared defensively and avoid being caught off guard by sudden spikes.
Those who are aggressive can look at the support level of 98,400; if it doesn't break, we can consider going long. For a more cautious approach, one can enter long between 96,000 and 96,700. If the first support breaks, there might be quick spikes back and forth.
Recently, both new and old altcoins have started to surge, which indicates that Bitcoin is beginning to feed back into the market, with most funds likely flowing into altcoins first.
This weekend is a good opportunity to catch altcoins, as older coins have started to accelerate. If you don't know which ones to enter, you can click on the profile and follow.
It's better to grasp than to guess; I will share contract and spot trading strategies daily.
I am Pancake, welcome to discuss.