BTC has recently risen steadily and突破 the 117000 mark, successfully holding above it. There has been no obvious pullback in the short-term, and the trend exhibits strong short squeeze characteristics. Although the current market data appears strong, caution is needed for bull trap risks. It is recommended to adopt a strategy that combines low long and high short operations.


Today coincides with "Black Friday," and market sentiment may be more sensitive, so operations need to be particularly cautious. It should be noted that this rise in BTC is not driven by technical factors; market reversals are often influenced by sudden news (such as related statements), so the risk of a pullback cannot be ignored.
Specific operational advice: BTC can be considered for a light short position around the 117000-118000 range, with an initial target near the 116000-114000 range. At the same time, strict stop-loss settings are necessary to guard against unexpected market fluctuations.
BTC1.63%
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