The current trend of BTC shows that short positions have plunged through 109000, entering the oversold zone in the short-term. The two support levels below are very critical—108200 and 106400.
As long as it doesn't break the level, there is still an opportunity for a low long position. The operation idea is very clear: The current price of Bitcoin is entering long positions! Set the support below 107800; If it continues to fall to around 106400, then add a long position, aiming to see 113800. Do not chase short positions in rhythm; a rebound could explode the shorts at any time. Tonight's focus is on low absorption layout, be patient with long positions!
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The current trend of BTC shows that short positions have plunged through 109000, entering the oversold zone in the short-term. The two support levels below are very critical—108200 and 106400.
As long as it doesn't break the level, there is still an opportunity for a low long position.
The operation idea is very clear:
The current price of Bitcoin is entering long positions! Set the support below 107800;
If it continues to fall to around 106400, then add a long position, aiming to see 113800.
Do not chase short positions in rhythm; a rebound could explode the shorts at any time. Tonight's focus is on low absorption layout, be patient with long positions!