BTC Afternoon Market Analysis

The current trend is in a fluctuating downward channel, with the 106k–107k range forming an initial resistance zone, while the area around 103.5k serves as noteworthy support due to being a previous low. The market shows clear signs of negative funding rates and significant volume decline, while MACD and RSI are both weak, indicating an overall bearish momentum. If a rapid volume increase with a bullish candle does not occur to reclaim the 107k level in the short term, it is highly probable that it will further test the support in the 103k–104k range during the day.

Operational Thinking (Strategy Simulation, Not Investment Advice)

Short-term short position reference

· Entry zone: The rebound around 106,800–107,000 is blocked. If a long upper shadow appears on the 15-minute chart or it breaks below 106,500 again, consider a light short position.
· Stop loss setting: above 107,200 (above the intra-day rebound halfway point)
· Target area: gradually look towards 106,000 → 105,200 → around 104,000, it is recommended to take profits in batches, reducing positions by about 30% at each level #币圈 #btc #比特币