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BTC tested the support at 105000 yesterday and quickly recovered, with a strong rebound at night reaching a maximum of 109700. It was unable to break through due to the resistance at the round number 11w, and the current price is around 109400.
Looking at the short-term hourly chart, the Bollinger Bands are opening upward, with the middle band support shifting upwards (107500). If the subsequent pullback does not break below this area, the intraday gains are likely to continue, and the market is expected to test the 110,000 position. Everyone can appropriately seize a wave of short-term long profits, but there is strong selling pressure around 110,000, so don't forget risk management.
Today, the river rose up. A few days ago, I posted that the tokens that went up would basically reach a stage high price, and I am preparing to find an opportunity to short. I already took profit on my previous BTC order at 107300, and I am looking to short again to fulfill my dreams.
I hope to use my short position as a flag to let the market take off again! #btc #Ethereum #moodengusdt