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The BTC market has reached a period of low volume again, today it looks like a horizontal line, moving like a boat in a stagnant pond with no ripples. A blessing for swing traders, but a dilemma for trend traders.
The current price is in the middle of the range. If shorting, it has not broken the key support at 106.5k, but trading back and forth in the lower range is still quite comfortable.
Those holding high-position short positions can hold them until Sunday afternoon to see, after all, the market has already begun to shrink in volume.
The rebound of the short position to the 108k-108.8k line is relatively safe for layout.
The radical line at 107.6 can open a short position, leaving room for a top-up, with initial targets at 106k and 105k. The overall direction looks at 102k and 95k!