Recent market trends show that BTC's price fluctuates violently, and it seems to be seeking a breakthrough for both long and short sides. However, in the current turbulent market environment, it is not easy to find an absolutely safe entry point.
Here are some preferred entry position suggestions:
Around $56,000: suitable for short-term longs!
Around $55,450: suitable for short-term longs!
Around $54,400: suitable for short-term longs!
In addition, if BTC's 4-hour price is close to around $57,050 and shows a peak signal, you can consider short-term short operations.
In summary, the current market environment is very unstable. It is recommended to be cautious when operating and set a good stop loss.
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