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The evening strategy is to provide long positions with higher trade volumes as expected. The current price has recovered to the 107700 level, and our evening strategy is also a perfect take profit. Whether the market can further increase higher trade volumes depends on the situation of breaking the 107700 level.
In terms of market movement, the four-hour chart has formed a U-shaped bottom and is making upward attempts. The market continues to test the resistance level of 107700, with a further resistance point above at 108500. The highs are under pressure, and there is clearly insufficient space above. In the short term, we can take small positions to short, and just move the stop loss to the upper resistance level.
You can short Bitcoin directly at 107700, aiming for a pullback of a thousand points. Currently, you can short Ether around 2640, looking at around 2610. #BTC