$BTC
Currently, the price is within an upward channel and approaching a significant resistance area. The short-term trend is bullish
If the price retraces to around $98,000 and holds above $97,600, consider entering a long position. Stop loss: set at $97,300; if it breaks below this level, it indicates that the trend may change. Target price: look towards $99,800 or $100,400.
If the price strongly breaks through the resistance at $100,400 with significant volume, a long position can be considered after a pullback to $100,400-$100,600 that does not break. Target price: look towards $102,000; if there is a strong upward movement, consider taking profits in batches.
Currently, the price is within an upward channel and approaching a significant resistance area. The short-term trend is bullish
If the price retraces to around $98,000 and holds above $97,600, consider entering a long position. Stop loss: set at $97,300; if it breaks below this level, it indicates that the trend may change. Target price: look towards $99,800 or $100,400.
If the price strongly breaks through the resistance at $100,400 with significant volume, a long position can be considered after a pullback to $100,400-$100,600 that does not break. Target price: look towards $102,000; if there is a strong upward movement, consider taking profits in batches.