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Although the short order for BTC has taken profit, it is still mainly focused on high shorts.
Last night, BTC reached a maximum of around 106800 points but failed to break above 107000. It then started to drop significantly, coming down to around 105300 points, reaching my take profit level. Overall, the trend appears to be a downward correction.
From the BTC 1-hour K-line, the price has moved from the upper band of the Bollinger Bands to below the middle band, with a downward trend towards the lower band. The three lines of the KDJ are also moving downwards, and the opening is gradually widening. The trend looks bearish, and the short order momentum is gradually increasing.
Overall, it is still a trend of correction, and the main trend remains a focus on high short orders.
Morning operation suggestions
Short order between 105500 and 106000 for BTC, aiming for 104000. If it breaks through, continue down to 103000. If it doesn't break, you can reverse and go long.