Midday Bitcoin Strategy


The support at 2105 has already broken, which can be seen as a second test of the previous low.
If a double bottom pattern forms with the previous low, the market may rebound, but the prerequisite is to regain above 2105; otherwise, the rebound will be limited.
If it cannot break through 2105, it will continue to fluctuate within the flag pattern range;
Once the flag pattern is broken downward, the 2022 previous low is likely to be breached, with strong support at 1926. Focus on the gain or loss of the 2022 line.
Trading suggestions:
• Volume breakout above 2075, go long on the right side, stop loss on a break
• Volume breakdown below 2045, go short on the trend, strictly set stop loss
• A rebound to the 2007 support level is a good entry point for longs; if it breaks below 1962, exit
• A light short position can be taken if it rebounds near 2144; stop loss above 2174
ETH-3,93%
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