This morning, the strategy was to open a short position with only a 600-point potential. The subsequent market movement also aligned with Lao Chen's judgment on range contraction. In the breakout direction, a downward breakout was chosen, leading to a near 2000-point Long Wick Candle, quickly rebounding to above 109000 after hitting a low of 107438, and is currently experiencing a slight pullback.

#特朗普延迟加征欧盟关税
In the short term, there is already a stabilization trend, but the four-hour chart still maintains a downward trend. The technical indicators on the hourly chart show a short-term reversal, but they are severely suppressed by the upper middle track and have not been able to break through. To stabilize, a short-term pullback is still expected, followed by a fluctuation around the lower track to test the support level below. As we mentioned, the pullback and repair are also for a better upward surge. #BTC

In the subsequent short-term Silk Road, Bitcoin is expected to see a pullback first, paying attention to the support level at 108000 below. If it breaks down, we need to look further down!
#比特币2025大会
Long positions for Bitcoin are referenced at 108500-108000, looking at 110000. For Ethereum, consider going long near 2530, with a target of 2600.