Recently, BTC's trend has indeed been a bit range-bound, oscillating back and forth between 88000 and 89500, with no particularly clear direction, and market participants are also watching.



If you want to follow this market trend, I suggest two approaches:

**range-bound high sell low buy**

You can try to short with a light position at the range of 89300 to 89500, but be sure to set a stop loss at 89800, targeting 88500. Conversely, if it falls to 88100 to 88300, you can try to go long with a light position, placing the stop loss at 87900, with an upper target of 89000. This strategy is suitable for friends who have time to monitor the market, and the cost is having to endure repeated small fluctuations.

**Wait for the breakout before following up**

If BTC breaks out with volume above 89600, then you can follow and go long, targeting 90200, with a stop loss set at 89200. Conversely, if it breaks down with volume below 87900, then go short, aiming for 87200, with a stop loss at 88300.

**But there is a pitfall to note**

The trading volume has been lukewarm lately, which means the risk of fake breakouts is particularly high. Therefore, the key is that any breakout should be assessed based on whether the trading volume can support it; otherwise, it’s easy to get trapped. Additionally, the MACD signals on the technical front are also somewhat ambiguous, and in the short term, it is likely to continue to consolidate at the bottom or top of this range.

So my advice is: don't be greedy, operate with a light position, and strictly implement stop-loss. If you really want to chase a breakout, make sure to wait for volume confirmation before taking action, as this can greatly reduce the probability of being hit.
BTC-0.51%
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AlwaysQuestioningvip
· 12-23 01:55
Volume is really key; without it, any breakout is false and can easily be invalidated.
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GhostChainLoyalistvip
· 12-23 01:55
If the volume does not match, it's just an air breakout. I've been hit too many times, so now when I see no volume, I just close my eyes and sleep.
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PrivateKeyParanoiavip
· 12-23 01:54
The quantity doesn't match, I really don't dare to chase after this breakdown, it's too easy to get trapped.
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MetaverseMigrantvip
· 12-23 01:48
If the trading volume does not cooperate, it is just creating a smokescreen; having been trapped once, I have learned my lesson.
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