Bitcoin's strategy guide at the beginning of the week

Bitcoin showed a weak downward trend at the beginning of the week, with signs of bottoming out.

The current price of the currency is approaching 100,000. Focus on the suppression of this area during the day. This is the key watershed in the short term this week, and its suppression strength will dominate the short-term trend.

In this round of relay market, above 99,000 belongs to the high range, which is a good opportunity to layout short positions. It is advisable to stick to the idea of ​​shorting at highs.

Regardless of the strength of the rebound, once the reversal high is reached, it is a good time to enter the market and short. Of course, position control cannot be ignored.

Today's short-term operation is to respond with a shock idea, and 100,000 is crucial as the dividing line between strength and weakness.

If Bitcoin continues to weaken and fall, it is likely to fluctuate and fall around 99,800. Once it breaks 98,000, it is necessary to pay attention to the support conversion in this area.

The reference strategy for Bitcoin operation on January 6 is as follows:

1. If the price reaches 99,300, you can directly enter the market to short, set the stop loss at 100,300, and look at 98,000. If it breaks down, look at 97,000.

2. If it falls back first, it will touch any position near 97,000 for the first time, and you can go long once in the short term, and the rebound target will be 98,500.

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