10.53w high position pause, just the "long positions" second entry point: low strategy in the 104k-105k range

In the early morning, there was a surge in volume, with Bitcoin rising vertically from 103,000 to 105,300, a daily increase of +2.2%, breaking a three-day stalemate. More critically, the price is pulling the upper band of the 1H Bollinger Bands upward, forming a typical "price traction channel"—after the same structure appeared three times before, the average continuation increase within 72 hours is 3.8%, and the inertia has not yet been exhausted.
The current market is entering a high-level triangular consolidation:
• Upper limit 10.53w, lower limit 10.41w, volatility compressed to 2.1% seven-day low
• The on-chain exchange had a net outflow of 4.1k coins, while the ETF saw a net inflow for two consecutive days, with chip relocation serving as a "price protection" for the upward trend.
Operation Suggestions
1. Multiple batches low volatility area: 104100-104500 (middle track + previous high conversion)
Position ≤ Principal 25%, Stop Loss 103600, R:R 1:1.6
2. First target: 105700 (Fibonacci 1.618 extension)
Reduce position by 50%, lock in short-term profits
3. Second target: 106200 (upper boundary of the daily channel)
Push the protective stop loss to 105000, let the remaining 25% position run.
Risk Control Reminder
If the 1H candlestick breaks below 103600, the long positions structure will fail, and you should take a short position looking at 102800; before the CPI announcement tonight, leverage should be ≤1.5x to avoid data spikes.
A summary in one sentence.
The "high-level breather" after a strong breakout is not a top, but rather the last entry window for latecomers - hold on to the 104k handrail, and the next stop is at 106k. #CoinDesk11月报告Gate战绩来袭