After BTC surged to test the resistance level at 113600, the upward momentum was insufficient, leading to a direct pullback, and today's trading strategy was provided around noon. After testing 113500-114000 without a breakthrough, it was directly recommended to enter a short position. In this round, BTC should be able to gain over 1000 points! I will take time to share the daily strategies. For friends playing with Shi Pan, as long as you follow the instructions, happiness will come, haha.
Overall, the performance is currently weak. It is quite evident that there is a resistance level in the 113500-114000 range on the four-hour chart. Throughout the day, the overall trend is still primarily a pullback, with the key support level at 110000. If it breaks below, we can directly look at the support level near the bottom at 108500-107500. The overall rebound strength on the daily chart is not very strong, as it has clearly encountered significant resistance when dropping from the 116000 area to the 113500-114000 range, indicating that a second test is gradually beginning.
This week, the thoughts on BTC are still nothing at all.
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After BTC surged to test the resistance level at 113600, the upward momentum was insufficient, leading to a direct pullback, and today's trading strategy was provided around noon. After testing 113500-114000 without a breakthrough, it was directly recommended to enter a short position. In this round, BTC should be able to gain over 1000 points! I will take time to share the daily strategies. For friends playing with Shi Pan, as long as you follow the instructions, happiness will come, haha.
Overall, the performance is currently weak. It is quite evident that there is a resistance level in the 113500-114000 range on the four-hour chart. Throughout the day, the overall trend is still primarily a pullback, with the key support level at 110000. If it breaks below, we can directly look at the support level near the bottom at 108500-107500. The overall rebound strength on the daily chart is not very strong, as it has clearly encountered significant resistance when dropping from the 116000 area to the 113500-114000 range, indicating that a second test is gradually beginning.
This week, the thoughts on BTC are still nothing at all.