Yesterday, Bitcoin experienced a strong rebound, with its price rising to around 108400 but encountering resistance and starting to adjust, dipping to around 105300. During this process, the bearish outlook led by Yanmei was confirmed. Initially, a long position was taken, followed by a short position, successfully achieving a two-way strategy and firmly grasping market opportunities.
In-depth analysis based on the current four-hour structure chart shows that Bitcoin is in a state of fluctuating adjustment. In terms of technical indicators, the MACD bearish energy bars have gradually begun to increase, indicating that bearish forces are gradually accumulating and taking effect. Meanwhile, the KDJ indicator has also formed a death cross and is moving downward, further confirming the formation of a short-term adjustment trend, with increased short-term downward pressure in the market.
Focusing again on the daily level, although the bullish energy bars are still in an arranged state, the KDJ indicator has clearly turned downward, which means that the upward momentum of the bulls is showing signs of weakness. The trading suggestion for Bitcoin during the day is mainly to short on rebounds.
BTC: Short in the range of 107500 - 106500.
Target: 105000 - 103500;
Do well in risk control to cope with the ever-changing Bitcoin market.#加密用户突破1800万 #PENGU开盘 #USUAL现货开盘预测 #比特币冲向11万？
