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1 Hour level, the price started a strong rebound from 2220, currently maintaining a wide range of oscillation between 2330-2400. Therefore, intraday trading should focus on shorting high and buying low within the range.
2400 is the current core resistance level dividing bulls and bears, a strong resistance. In the past two trading days, the price repeatedly tested this level, all falling back with long upper shadows and pin-like shapes, and the 2400-2430 zone has accumulated significant short-liquidation liquidity. Whether this level can be effectively broken will directly determine the continuation of this bullish rebound.
Intraday operations:
In the bullish direction, the core defensive support is at 2353, with a stop-loss below 2345. The key breakout level above is 2399; if the price volume-breaks and stabilizes above 2400, the first upside target can be around 2440.
In the bearish direction, focus on 2400 as the core strong resistance. If the price repeatedly attempts to break above 2400 without success, consider entering positions; if the price strongly breaks and stabilizes above 2400, wait for signs of stagnation before considering short positions around 2450.
Trading reminder: Strictly manage take-profit and stop-loss within the range. Before an effective breakout occurs, do not blindly chase or cut losses.
Long-term returns from position planning and risk control far outweigh heavy bets on a single-sided trend. #比特币站稳8万关口 #LayerZeroCEO承认协议缺陷