From the hourly chart, the short-term trading characteristics show frequent appearances of long upper shadows, indicating that when the price breaks through the upper resistance, it meets significant obstacles and strong pressure. At the same time, the lows are gradually rising, which may be supported by buying on dips and recognition of investment value. In terms of trading volume, there are significant fluctuations, with an increase followed by a drop, indicating insufficient market enthusiasm for chasing prices.
Combining these signals, the combination of long upper shadows, rising lows, and declining trading volume reflects a fierce short-term market tug-of-war between bulls and bears, with significant selling pressure above. Therefore, it is recommended to primarily focus on a high short strategy in operations.
Specific strategy: BTC can establish short positions around 109300 - 109800, add positions near 110300, with targets looking down to the 108300 - 107500 area.
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Zhu Sir's 9.2 morning BTC strategy
From the hourly chart, the short-term trading characteristics show frequent appearances of long upper shadows, indicating that when the price breaks through the upper resistance, it meets significant obstacles and strong pressure. At the same time, the lows are gradually rising, which may be supported by buying on dips and recognition of investment value. In terms of trading volume, there are significant fluctuations, with an increase followed by a drop, indicating insufficient market enthusiasm for chasing prices.
Combining these signals, the combination of long upper shadows, rising lows, and declining trading volume reflects a fierce short-term market tug-of-war between bulls and bears, with significant selling pressure above. Therefore, it is recommended to primarily focus on a high short strategy in operations.
Specific strategy: BTC can establish short positions around 109300 - 109800, add positions near 110300, with targets looking down to the 108300 - 107500 area.