10.21 midday market view | Bitcoin key level analysis

*BTC operation strategy:
✅ Long signal:
- If the volume breaks through 110020 and the hourly close is stable, you can chase long on the right side (stop loss if it breaks down)
- A false breakdown occurred when it pulled back to 107375 and quickly recovered, allowing for a light long position (stop loss reference at 106368).

⚠️ Short signal:
- Break below 109433 and the rebound cannot be recovered, you can short on the right side (recover stop loss)
- A 2B false breakout pattern appears at 111309, you can short with a small position (set a stop loss at 112224).

🔍 Key Position Analysis:
- Currently testing the 109246 support, if it holds, there is hope to maintain the fluctuation.
- A drop below 107355 will disrupt the recent bullish structure, looking down at 106057-104537.
- 103470 is the last line of defense for bulls, and if it is lost, the current rebound will end.

📊 Range reference:
- Resistance levels: 110348 | 111309 | 112224
- Support levels: 109246 | 107355 | 106057

✨ Warm reminder:
- Make sure to set stop-loss for all trades.
- Pay attention to the volume coordination situation
- The prudent ones can wait for stabilization opportunities around 105337.
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