BTC key support and resistance:

- Support levels: $108,000 (short-term key support), $105,885 (mid-level support).
- Resistance level: $111,000 (near historical high).

1. Bullish Strategy (Buy the Dips):
- Entry point: around $108,500 (if it pulls back to support).
- Stop loss: $107,500 (to prevent breaking key support).
- Target: $110,500 (if it breaks short-term resistance).

2. Short Strategy (Sell High):
- Entry point: around $111,500 (if unable to break the historical high).
- Stop Loss: $112,000 (to prevent false breakout).
- Target: $108,500 (retesting support level).

Market sentiment and risk warning
- Short-term trend: high-level fluctuation, momentum has weakened, need to be vigilant about the risk of pullback.
- Key Observation Points:
- If it falls below $108,000, it may trigger a deeper pullback to $105,000.
- If it breaks through $111,000 and holds, it may challenge the historical high of $116,000.
- Macroeconomic factors: Strong US non-farm data, cooling expectations for Federal Reserve interest rate cuts, may affect market liquidity. #非农就业数据来袭#

Today's BTC trading is focused on a range-bound strategy, paying attention to the key range of $108,000-$111,000. If the price pulls back to the support level, a light long position can be taken, and if it rebounds to the resistance level, a short position can be attempted with strict stop-loss settings. The market is quite volatile, so it is advised to control positions and avoid chasing highs and cutting losses.