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Today’s Bitcoin and Altcoin Trading Ideas
Operation:
Bitcoin: Near the 80,800-81,300 range
Watch 79,500-79,000
Altcoin: 2,375-2,400 resistance level, look for a bearish trend
Watch 2,340-2,320
The market shows obvious signs of stagnation at high levels, and after Bitcoin stabilized above 80,000, the upward momentum has completely slowed down.
Resistance is dense above, and the bulls' subsequent energy continues to weaken, with ongoing selling pressure from funds, indicating a short-term weak trend. Overall, it leans more towards oscillating and declining, with rebounds presenting short-term shorting opportunities.
Short-term market fluctuations are rapid; operate with a light position principle, control risks reasonably, and implement proper take-profit and stop-loss strategies. #BTC