Last night, the pancake tested downward, but it stopped near the 106500 point line and could not continue downward. It then began to rebound, reaching a high near the 108000 point line. The range of fluctuations for the white plate is basically between 108000 and 106500. However, it is highly likely to break down and penetrate the support below without bouncing back. From the 1-hour K-line of Bitcoin, the price is currently above the lower Bollinger Band and has started to rebound, moving upward. Overall, a short-term long position can be considered first, and then a short position can be taken after it goes up. However, my overall approach at the moment is mainly focused on shorting, and I will patiently wait for a rebound before shorting again. Morning operation advice Short between 107600 and 108100, looking for a breakthrough at 106000 to continue downward; if it doesn't break, you can go long.
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6.27 Friday Morning Thought Analysis
Last night, the pancake tested downward, but it stopped near the 106500 point line and could not continue downward. It then began to rebound, reaching a high near the 108000 point line.
The range of fluctuations for the white plate is basically between 108000 and 106500. However, it is highly likely to break down and penetrate the support below without bouncing back.
From the 1-hour K-line of Bitcoin, the price is currently above the lower Bollinger Band and has started to rebound, moving upward. Overall, a short-term long position can be considered first, and then a short position can be taken after it goes up.
However, my overall approach at the moment is mainly focused on shorting, and I will patiently wait for a rebound before shorting again.
Morning operation advice
Short between 107600 and 108100, looking for a breakthrough at 106000 to continue downward; if it doesn't break, you can go long.