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The market continues to fluctuate, with every moment filled with uncertainty. For tonight's market, we are at a critical moment, waiting for the opening of the U.S. stock market, which will provide us with more guidance. $BTC
The pressure on Bitcoin is between 103500—102000, with resistance levels attempting to break through multiple times, but failing each time. Based on the failed attempts to break through, this level indeed represents a significant obstacle at present. However, considering the market sentiment and the current distribution of positions, the likelihood of a breakout to the upside seems greater.
After the previous decline, the market has been thoroughly liquidated, leaving a large number of long positions above. This indicates that even if a decline is necessary, the market will first create a false impression of a breakout to attract investors. Such a strategy often yields good results in the short term.
In terms of long-term trends, the market situation before the New Year does not seem to stop here. I believe the market still needs to break through to a higher position, likely above 110000. After this wave of growth, the market may start to pull back and consolidate for about 1-2 months. After this process, a new major trend will commence.
For the evening's trading strategy, it is recommended to buy on the pullback at 99500—100000
Target 101500—102000
Stop loss 600 points
Although predicting future trends is always fraught with uncertainty, as long as we maintain a calm mind and flexible strategies, we can gain an upper hand in this game. #USUAL现货即将上线 #DeFi全线飙升 #加密市场反弹 #BTC重返10万 #XRP逆势反弹
The pressure on Bitcoin is between 103500—102000, with resistance levels attempting to break through multiple times, but failing each time. Based on the failed attempts to break through, this level indeed represents a significant obstacle at present. However, considering the market sentiment and the current distribution of positions, the likelihood of a breakout to the upside seems greater.
After the previous decline, the market has been thoroughly liquidated, leaving a large number of long positions above. This indicates that even if a decline is necessary, the market will first create a false impression of a breakout to attract investors. Such a strategy often yields good results in the short term.
In terms of long-term trends, the market situation before the New Year does not seem to stop here. I believe the market still needs to break through to a higher position, likely above 110000. After this wave of growth, the market may start to pull back and consolidate for about 1-2 months. After this process, a new major trend will commence.
For the evening's trading strategy, it is recommended to buy on the pullback at 99500—100000
Target 101500—102000
Stop loss 600 points
Although predicting future trends is always fraught with uncertainty, as long as we maintain a calm mind and flexible strategies, we can gain an upper hand in this game. #USUAL现货即将上线 #DeFi全线飙升 #加密市场反弹 #BTC重返10万 #XRP逆势反弹
Aviso legal: contém opiniões de terceiros. Não é um aconselhamento financeiro. Pode incluir conteúdo patrocinado. Consulte os Termos e Condições.
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