The current price of Bitcoin is 101,166. It is now 7:50 AM Beijing time, and the daily K-line is pulling back upwards. Before this report, it reached a high of 101,880 and a low of 95,660. The bullish trend remains unchanged, with MACD showing a decrease in volume and an extension of longevity. The DIF and DEA remain at high levels, while the Bollinger Bands are still in extreme contraction, indicating a pullback to test the upper resistance level at 101,900. The four-hour K-line's head and shoulders pattern has broken through the EMA trend indicator at 98,300 and has once again risen to a high position. The EMA trend indicator has returned to a bullish trend, with MACD increasing in volume and DIF and DEA forming a golden cross trend. The K-line is now below the upper band of the Bollinger Bands at 101,350, which clearly indicates strong resistance. The main force has formed a strong pressure zone at 101,500 multiple times. When shorting, be sure to set a stop-loss; avoid chasing long positions for now and wait for a pullback to support before starting to position.

Short-term strategy reference: There are no guarantees in trading, so always set stop-losses. Safety first, with the goal of small losses and big gains.

Above, from 101,500 to 102,000 is the resistance zone, with a stop-loss at 102,500 to 103,000, risking 500 points. The target is 101,000 to 100,000, with a breakdown target of 99,000 to 98,000.

Below, from 98,000 to 97,500 is a buying zone, with a stop-loss at 97,000 to 96,500, risking 500 points. The target is 99,000 to 100,000, with a breakdown target of 101,000 to 101,500.

The operation should be based on real-time market data. For more information, you can consult the author. The publication of this article may have delays, and it is recommended for reference only. Risk is self-borne. #BTC重返10万