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It's been fluctuating all day.
I just want to ask confidently: Has it been washed out?
$BTC Evening
Currently, Bitcoin is around 102,500.
It's hard to short unless it breaks below 102,200.
If it breaks, we might see another drop tonight.
On the hourly chart, Bitcoin has broken above and stabilized at 103,500, aiming higher towards 104,600—106,200. If it holds above 104,650, it could take off.
On the 4-hour chart, if it falls below 102,200, the next support is around 101,000—99,900.
Breaking below 102,200 suggests a wave of correction.
So today’s market is a bit tricky; don’t rush to make moves.
Watch more, act less.
Another possibility is that tonight, it might swing between 102,200 and 104,600. In that case, short-term trading with stop-losses could work.
If executed well, there’s about 2,000 points of profit potential.
Let’s wait and see a bit longer for clearer signals.
Capital Eagle — A Yang