BTC short-term cycle still leans towards repair adjustments
Around 105490 is an important dynamic resistance point. The 1-hour K-line data provided shows significant price fluctuations, with multiple peaks and pullbacks, indicating insufficient upward momentum and a risk of correction.
The K-line chart shows that BTC is oscillating in the range of 104000-106000, having tested the upper resistance level multiple times without success, lacking sustained upward momentum.
BTC: Short near the rebound to 105800~105300. Target down to 104500-103000, stop loss at 106000. Breaking through 106500 will open up upward space.
Two cakes: You can place short positions when it touches the 2530-2500 area. Target 2400-2300, stop loss 2550
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BTC short-term cycle still leans towards repair adjustments
Around 105490 is an important dynamic resistance point. The 1-hour K-line data provided shows significant price fluctuations, with multiple peaks and pullbacks, indicating insufficient upward momentum and a risk of correction.
The K-line chart shows that BTC is oscillating in the range of 104000-106000, having tested the upper resistance level multiple times without success, lacking sustained upward momentum.
BTC: Short near the rebound to 105800~105300.
Target down to 104500-103000, stop loss at 106000.
Breaking through 106500 will open up upward space.
Two cakes: You can place short positions when it touches the 2530-2500 area.
Target 2400-2300, stop loss 2550
Personal advice, for reference only!