Bitcoin Intraday Trading Strategy Report

Bitcoin daily level shows rebound signals, whether this trend can effectively continue, core anchoring to the defense situation of the key support level at 87500. If the price does not effectively break below this position, bulls are expected to push the market to continue rebounding, with the upper target resistance level still locked in the range of 89500-90500.

For investors still holding short positions, it is necessary to set a breakeven stop loss in a timely manner to avoid risks brought by the market's unexpected rebound. When the price rebounds to the aforementioned resistance range, one can choose the opportunity to establish a head position, with around 91500 as a replenishment point; after increasing the position, it is necessary to synchronize and move up the stop loss to strictly control position risk.

If the intraday price effectively breaks below the 87500 support, the rebound expectation will be declared invalid, and the market is highly likely to return to the downward channel, with the lower target support levels to watch being 86800 and 85000. Before clear stabilization signals appear, it is not advisable to blindly bottom fish. $BTC