1. Overview data:
• Current price: 93,700 USD.
• Highest resistance in 24h: 95,988 USD.
• Lowest support in 24h: 91,942 USD.
• 24h volatility: +1.26%.
• 24h trading volume: 38.87 billion USD.
• Market capitalization: 1.856 trillion USD.
• ATH (All-Time High): 108,135 USD (-13.33%).
• ATL (All-Time Low): 67.81 USD (+138,105%).
2. Data on volatility over the past 7 days (Sparkline):
• Highest price: ~98,695 USD.
• Lowest price: ~91,942 USD.
• Trend:
• BTC has been on a downtrend for the past 7 days from the peak of ~98,695 USD.
• Currently fluctuating in the range of 91,942 - 95,988 USD, indicating a potential accumulation area.
3. Quantitative analysis:
a) Moving average analysis (EMA):
• Short-term EMA (10): ~93,800 USD.
• Medium-term EMA (30): ~94,500 USD.
• Long-term EMA (50): ~95,200 USD.
Comments:
• Current price below EMA 30 and EMA 50, indicating selling pressure remains.
• If the price exceeds EMA 50 (~95,200 USD), a short-term bullish trend may form.
b) ATR (Average True Range):
• ATR (D1 frame): ~3,100 USD.
• Short-term volatility: BTC is trading in a narrow range, which may lead to an upcoming breakout.
c) Fibonacci analysis:
Based on the peak (98,695 USD) and trough (91,942 USD):
• 0.618 retracement level: ~95,125 USD (short-term resistance).
• 0.382 retracement level: ~93,500 USD (nearest support).
Comments:
• If the price exceeds 95,125 USD, BTC may approach the level of 96,500 USD.
• If the price drops below 93,500 USD, BTC may test the support area of 91,942 USD.
d) RSI and MACD indices:
• Current RSI: ~50 (neutral).
• Neutral RSI indicates the market has no strong trend.
• If RSI exceeds 60, the bullish trend will be confirmed.
• MACD: Histogram close to 0, weak signal.
• Need to monitor if MACD crosses above the signal line to confirm the bullish trend.
4. Trading strategy:
a) Breakout trading strategy:
• Buy: When the price exceeds 95,125 USD with high volume, target price is 96,500 USD and 98,000 USD.
• Stop Loss: Set below the support level of 93,500 USD.
b) Accumulation trading strategy (Mean Reversion):
• Buy: Near the support area of 91,942 USD if a bullish signal appears (Pin Bar, Engulfing).
• Sell: Near the resistance area of 95,125 USD if the price does not break through.
c) Risk management:
• Stop Loss: Set below 91,000 USD.
• Take Profit: According to Fibonacci levels or the next resistance.
5. Summary:
• Current trend: BTC is in the accumulation zone between 91,942 USD and 95,988 USD.
• Strategy: Monitor breakout signals or trade within the accumulation zone.
• Support indicators: Use a combination of RSI, MACD, and Fibonacci to confirm signals.
