#隐私币生态普涨 The movement of Bitcoin yesterday was quite tangled, as it touched above 104000 and lost momentum, directly falling back to the 100000 mark. Looking at the market data flow, the market maker is clearly retreating, and the entire market is on standby, with no one daring to take action lightly.

From a technical perspective, the daily chart has been grinding between the lower and middle bands of the Bollinger Bands for a long time, and the bands are narrowing. This consolidation may continue for a while. The death cross is still present, and the bearish pressure remains, with the Relative Strength Index hovering around 40, indicating that the bulls are indeed lacking momentum. Overall, there are currently no signs of a change in the weak and oscillating pattern.

For short-term trading, you can consider placing long positions in the range of 101000-102000, with an initial target of 103500, and for those who are more aggressive, aiming for 104000. Of course, setting a stop loss is a basic operation.

$BTC $ETH