Professional

If the market presents an opportunity, I will take profits on short positions around 86500 and then open long positions.

In the previous analysis, it was mentioned that BTC might test 94000 or might not test 94000, but their movements are essentially the same, seeking support at the bottom of the same pullback channel.

$BTC shows a demand for a significant upward breakout on a larger scale and macro level (combined with expectations of interest rate cuts leading to a false breakout), while on a smaller scale, there is also a demand for a downward pullback (a buildup behavior at the bottom of the pullback channel).

Therefore, for the positions, I will hold until the support at around 86500 for profit taking, and after taking profits, I will open long positions with a stop loss of 2000 points.

This aims to profit in the large range of 86000- (97000-100000).

I enjoy predicting market movements, but my so-called predictions are not about drawing an ideal trend that the market must follow; rather, they provide traders with an ideal understanding of my trading plan.

Now, making another judgment, after receiving long positions, I will hold until BTC breaks through the wide channel resistance around 97000-100000 (partially closing positions at resistance), and open short positions below 100000, aiming for 83000.

{future}(BTCUSDT)