Bitcoin has continued to recover its losses in the four-hour bullish line. After being blocked at the high of 108000 yesterday, it has shown a short-term bearish trend. The bullish momentum from the rise brought by the ceasefire of swing trading is gradually being consumed, and it needs to digest profitable positions through narrow fluctuations. Follow the daily support; as long as it holds, the long positions’ upward trend will continue.


Intraday Trading Plan:
Enter long positions near the price pullback to 106000.
The price touched the upper track around 108000, but did not effectively stabilize to enter a short position.
BTC-0.56%
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