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#美国ADP就业数据表现超出市场预期 Yesterday, Bitcoin experienced a sharp drop of 3000 points, crashing down to the key support level of 102,000. It was initially expected to hold at 108,000, but instead, 108,500 turned into a solid resistance level.
Many traders who bought at high levels are probably trapped, with some highly leveraged positions blowing up. However, on the four-hour chart, it's not all bad news—after the price stabilized at the midline, it started to recover. There are signs that the upward channel is reopening, with buying momentum gradually accumulating, and the moving averages are also gently turning upward.
Personally, I think around 102,000 could be a good area to consider entering in batches, targeting levels of 104,500, 107,000, and 108,000. Of course, risk management is still essential. $BTC