Market Analysis and Strategy for Friday Daytime $BTC

The daytime market continues to maintain a fluctuating pattern. The short position that was entered as planned in the morning has successfully been realized, and then the price rebounded again to above the 110,000 mark.

Current technical analysis:

· Short-term (15-minute chart): The MACD indicator continues to rise, but there are signs of a top divergence, indicating that short-term momentum may weaken, and the risk of a pullback after a rebound is increasing.
· Key support level: 108,400. This is the intraday battleground between bulls and bears.

Evening operation strategy:

1. Main idea (empty): Relying on the current top divergence structure, look for short-selling opportunities during the rebound.
· Entry range: 110,200 - 110,500
· Goal 1: 109,000
· Goal 2: 108,400 (Key)
· Breakdown target: If it effectively breaks below the support of 108,400, it can continue to look down to 107,400.
2. Alternative strategy (more): If the evening price falls back to around 108,400 and receives strong support without effectively breaking down, consider going long to profit from the rebound in the range.

Summary:
Today is overall in a state of oscillation and repair, with the focus on the gains and losses of the support level at 108,400. The operation is mainly to short on rebounds, and if the key support is solid, then prepare to go long. #btc #比特币 #web3