$BTC
#BTC☀ This V is well drawn. The price is approaching the key resistance area (around 97,200 US dollars). The following is my trading idea, simple and clear:
Upper resistance: 97,200-98,000 US dollars
This is the area that has been rejected many times before. If the price breaks through and stabilizes, it may usher in a strong rise, looking at 98,600 US dollars.
Support attention: 96,300-96,400 US dollars
This is the recent short-term support. If it falls back here, it may be a good opportunity to buy low.
You can try to enter the market with a small position at around 96,800, stop loss below 96,300, target 97,200, and increase the position after breaking through. You can also wait for the price to break through 97,200 and then chase more, or return to below 96,300 to arrange short orders.
Pay more attention to the trading volume and K-line pattern. If the price falls below the 96,300 area, it may further test 95,800 or even lower.