BTC intraday price fluctuated between 109000 and 109700, but overall constrained below the key resistance of 110000, with insufficient upward momentum in the market, showing a bearish pattern.
Operation strategy: It is recommended to enter short positions near the resistance around 109700. If the price rebounds to around 110000 and faces pressure, it can be considered a signal to increase positions. The primary target below is the support level at 108600.
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BTC intraday price fluctuated between 109000 and 109700, but overall constrained below the key resistance of 110000, with insufficient upward momentum in the market, showing a bearish pattern.
Operation strategy: It is recommended to enter short positions near the resistance around 109700. If the price rebounds to around 110000 and faces pressure, it can be considered a signal to increase positions. The primary target below is the support level at 108600.