BTC$BTC trend analysis🧐



Support and Resistance
Short-term support: 117,395.6 (24h low) → If it falls below, it may test 115,774.3 (recent low).
Short-term resistance: 118,626.7 (MA10) → After breaking through, it may test 119,692.8 (24h highest).

Operation idea: (for reference only)
⚠️Conservative Strategy:
Watching: The price is in the area where moving averages are intertwined, the direction is unclear, waiting for a breakout above MA10 or a drop below 117,395.6 before following up.
Stop-loss reference: If holding a long position, set the stop-loss below 117,300; for a short position, set the stop-loss above 119,700.

⚠️Aggressive Strategy:
Shorting Opportunity: Lightly short near the current price, target 117,400, stop loss 118,300 (above MA5).
Long opportunity: If the price stabilizes at 118,243.3 (MA20) and the volume increases, a small long position can be taken, targeting 119,000.
BTC0.25%
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