After a significant increase, $BTC is currently in a high-level consolidation phase. Buy and sell points will be provided first, followed by analysis content. 📢【Short-term buy and sell points】:
Buy Point 1: 97800 USDT (Price retracing to previous support level, near the yellow 20-day moving average)
Buy Point 2: 96700 USDT (Strong support at the blue 60-day moving average)
Long Position Stop Loss: 95900 USDT (Break below the 120-day moving average, confirming trend reversal)
Sell Point 1: 99000 USDT (Price approaching previous high, may encounter selling pressure)
Sell Point 2: 100000 USDT (Significant pressure at the round number, also a psychological price point)
Short Position Stop Loss: 101000 USDT (Break above the round number, confirming upward trend)
👇 Contract Purchase:
【Medium and Long-term buy and sell points】:
Buy Point 1: 97800 USDT (Price retracing to previous support level, near the yellow 20-day moving average)
Buy Point 2: 96700 USDT (Strong support at the blue 60-day moving average)
Sell Point 1: 100000 USDT (Significant pressure at the round number, also a psychological price point)
Sell Point 2: 105555 USDT (Pressure level below the previous high)
👇 Spot Purchase:
📢 Analysis:
Candlestick Pattern: Recent candlesticks show a fluctuating upward trend, with prices oscillating around 98000. There has been a significant increase previously, and it is currently in a high-level consolidation phase.
Technical Indicators:
MACD: The MACD fast and slow lines are both running above the zero axis, and the DIF and DEA values are gradually flattening, indicating that bullish strength is weakening, but remains strong.
RSI: The RSI value fluctuates between 60-70, approaching the overbought zone, and there may be retracement pressure in the short term.
EMA: The current price is above the EMA20, EMA60, and EMA120, indicating that the overall trend is still upward. The EMA20 moving average has strong support.
Trading Volume:
After a significant increase in trading volume in recent days, it has decreased in the last few hours, indicating increased market wait-and-see sentiment. High-level trading volume has not continued to expand, and caution is advised for potential adjustment risks in the short term.