Resilient! Evening pullback is inevitable

Yesterday evening, after the price touched 985000, it rebounded from the bottom. Next, we need to focus on the support line formed in the current 101500 area. At the same time, it is important to note that even if there was a buffer in the price yesterday, short positions can still be considered around 101800. We should pay attention to the support situation at 100300 below; if there are signs of stabilization, we can consider going long at the appropriate time.

Overall, the current Bitcoin market price has not been able to rise directly, continuing the previous pattern of oscillation. The correction pattern since the arrival of 108000 has not yet completed, and the high-level triangular oscillation pattern has not been broken. In the short term, it is difficult to return to a strong trend; the focus remains on the oscillation and repeated bottom rhythm. After the bottom pattern is perfected, there is hope for an upward trend. Investors need to closely monitor the breakthrough of key levels, flexibly adjust trading strategies, and grasp the market rhythm.

Specific evening strategy reference:

Short directly at 101800, with a stop at 102700, target 100300;

If the target for the short position is reached and the price stabilizes here, then go long, targeting the 102000 area.