Today's Bitcoin Trading StrategyBitcoin / U.S. dollarBITSTAMP:BTCUSDRyan_Lewis1The long-term moving average has held firm, and the bottoming-out characteristics are obvious. The current price of $10,1776 is closely aligned with the 365-day long-term moving average of $10,0367 - this moving average has only been breached twice in the past three years, and each time it was breached, there was a rapid rebound, with the rebounding amplitude being at least 10% or more. More importantly, the price has been in a sideways movement at this level for two days, and has not continued to decline further, just like a ball hitting the ground and starting to bounce without stopping, indicating that there is buying pressure below, and the support level is becoming increasingly stable. The bull short selling is coming to an end, and selling pressure is running out. The continuous bull short selling wave in the past has significantly cooled down: the total amount of bull short selling across the network in the past 24 hours has dropped from $60 million to $12 million, with the short selling scale reduced by 80%, and the bull positions in mainstream exchanges have begun to slightly recover (from 38% to 42%). This is like "cutting the" reaching the root, the remaining bulls are either those who are firmly holding or those who are new investors who are buying bottoming, and those who continue to sell are becoming fewer, so the price cannot fall further and there is naturally a rebound space. Bottoming-out funds are entering the market, and ETF and stablecoins are active. Although the Bitcoin ETF did not experience a significant inflow in the past 24 hours, the outflow amount has dropped from $50 million per day to $12 million, and the selling pace of institutions has significantly slowed down; at the same time, stablecoins have begun to quietly grow, with the market value of USDT increasing by $320 million in two days. These "pocket money for buying coins" have increased, indicating that someone is preparing to bottom out. Moreover, the chain data shows that more than 100 BTC whale addresses have begun to withdraw coins from exchanges (80 coins were withdrawn in 1 hour), not selling but depositing, which is a typical bottoming-in buying signal. Today's Bitcoin Trading Strategy buy:101000-102000 tp:103000-104000 sl:100000