$BTC is currently encountering key support around 104000, with the four-hour level showing a clear oversold condition. From the market perspective, the probability of a short-term rebound at this position is quite high.
You can consider entering in batches, with 103600 to 104400 being reasonable entry points. The defense line is set at 102800, allowing enough room for fluctuations. On the upside, look at 106000, and if it's strong enough, it might reach 107500. If the price can stabilize at 105200, it’s not overly aggressive to follow in with a light position.
Be careful with your position size, don't go all in.
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LostBetweenChains
· 11-07 06:23
I'm afraid to take a gamble.
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JustHodlIt
· 11-04 10:39
Keep hodling to the moon
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Web3ExplorerLin
· 11-04 10:36
*adjusts virtual monocle* hypothesis: btc's current oversold state mirrors ancient market wisdom... fascinanting correlation
Reply0
BackrowObserver
· 11-04 10:33
Is it still messing around at this level?
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ForeverBuyingDips
· 11-04 10:12
Once the suckers are played for suckers, it will rise.
#加密市场回调 Night Market Observation on November 4
$BTC is currently encountering key support around 104000, with the four-hour level showing a clear oversold condition. From the market perspective, the probability of a short-term rebound at this position is quite high.
You can consider entering in batches, with 103600 to 104400 being reasonable entry points. The defense line is set at 102800, allowing enough room for fluctuations. On the upside, look at 106000, and if it's strong enough, it might reach 107500. If the price can stabilize at 105200, it’s not overly aggressive to follow in with a light position.
Be careful with your position size, don't go all in.