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The market has been forming a slow rise short squeeze at high levels. BTC has been fluctuating upward from around 106000, reaching the 107000 mark, and is about to hit the resistance at the second level around 107500-800. On the four-hour level, the Bollinger Bands are continuously opening, but in terms of the MACD indicator, the double lines are gradually flattening above the zero axis, and the long positions' momentum is also continuously shrinking, showing signs of weakening upward momentum. The KDJ indicator's three lines are tending to flatten, and short-term upward movement is still facing obstacles. In the evening, we will continue with our high short strategy.
BTC rebound: short near 107500-108200, target at 104500
The second one still focuses on the area around 2450-2480 for short positions, looking towards the vicinity of 2350/2310.