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The daily K-line of Bitcoin alternates between yin and yang with three tracks opening upward, but the rebound high has not broken through the previous day's level. The MACD shows a decrease in long positions, KDJ indicates a death cross, and RSI is trending lower. Intraday, it is advisable to focus on short positions with supplementary long positions.
The 4-hour level is under pressure from the upper track, currently fluctuating around the middle track support for adjustment. The indicator trend is flat, and the market appears somewhat dull.
The upper resistance levels to watch are 109300, 109700, and 110400. Those looking to short should pay attention to how these levels are being pressured and choose the right timing to enter. The lower support...