The Bitcoin market faces fluctuations again! Risks and opportunities coexist!

Three key points revealed, how to grasp the market pulse?

Quickly look at trading strategies to accurately lock in profit opportunities!

Market Analysis:

Bitcoin's current trend is in a high-level fluctuation adjustment, with both bulls and bears in a tug-of-war state. Market sentiment is cautious, but there is no sign of large-scale selling pressure, and it is expected to maintain a fluctuating range in the short term. Attention should be paid to the breakout of key levels to determine the next direction.

Support and Resistance Levels:

Support Levels:

1. 94,000

2. 92,000

3. 90,000

Resistance Levels:

1. 96,500

2. 98,000

3. 100,000

Short-term Trading Strategy:

Long Strategy:

• Entry Point: Around 94,000

• Add Position Point: Around 92,000

• Stop Loss Point: 89,500

• Take Profit Targets:

1. 96,500

2. 98,000

3. 100,000

Short Strategy:

• Entry Point: Around 96,500

• Add Position Point: Around 98,000

• Stop Loss Point: 100,500

• Take Profit Targets:

1. 94,000

2. 92,000

3. 90,000

My Prediction:

Overall, there is a possibility of further adjustment for Bitcoin in the short term. It is recommended to focus on short positions, paying attention to short opportunities near resistance levels, and it is advisable to operate cautiously.

Every day, I will share analyses of mainstream coins and altcoins for my brothers. You can click on the trading pairs in the article for trading. I wish my brothers and sisters abundant profits! $BTC