Crypto Circle Mr. Coin: 1.3 Bitcoin (BTC) Market Analysis Reference

Bitcoin experienced a wide range of fluctuations yesterday, with prices under pressure and unable to break effective support. The bulls began to organize an upward movement, slightly breaking through the range. The market continued to rise today, currently approaching the 97700 level, and overall, the trend remains bullish.

From the daily chart, the price formed a small positive candle yesterday. The current market remains above the five-day attacking line, and the coin price continues to move slowly upward. The market is attempting to stabilize around the 97000 level. If it stabilizes today, there is an opportunity for continued upward movement. However, if it cannot effectively break through the daily Bollinger middle line strong pressure or stabilize, the coin price will retreat again.

From the short-term four-hour chart, the price is testing upward, reopening the Bollinger Bands. It has currently reached the 97000 level. Bullish sentiment is relatively weak, and all moving averages are expanding upwards. Key focus today is on the breakthrough and stabilization around the 98000 level. In terms of operations, it is advisable to short at high levels and long at low levels.

1.3 Bitcoin Short-term Reference:

Long position: 93500-94300 range long, defend at 92500, stop loss at 92300, target above 95000,

Short position: 97700-98300 range light short, target 500-1000 points, defend at 99500, stop loss 500 points,

1.3 Ethereum Short-term Reference:

Long position: 3380-3350 range, defend at 3250, stop loss: 3230 target above 3420,

Short position: 3530-3480 range short, stop loss 30 points, target 50-100 points,

Messages may be delayed, strategy suggestions are for reference only. The market changes rapidly; regardless of how confident you are in market judgments, always set profit-taking and stop-loss levels to secure profits. $BTC $ETH #比特币战略储备 #BTC☀ #ETH #热门话题