Bitcoin retraced to 97,200 last night, stopped falling and rebounded, testing the 100,000 mark. Currently, the highest rebound is at 99,886. The hourly chart level shows a need for a pullback. The KDJ three lines are about to converge to form a death cross, and the RSI is turning down from a high position. Personally, I think a short position could be taken.
This morning, I already shared the support levels, with lower support at 97,700 and 97,200 for a low long position, so a short position can be attempted. Strictly set a stop loss. Bitcoin is currently around 99,500 for a short position, with a defense at 10,500 and targets at 98,500, 97,500, and 97,000. With a 1,000-point defense, aiming for a 2,000 to 2,500-point pullback.
As agreed, I'm not bearish; I just missed the low long position over the weekend. Now it’s either a high short position or holding cash for a pullback. For aggressive friends, you can try to set a strict stop loss and take a light short position, just to aim for a pullback! $BTC #特朗普上台概念币有哪些?