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Bit-玖零
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Bullish
A new week of Bitcoin rise is here, don't panic during the pullback!
The dual contest of technology and news, the real game between profit and risk, are normal phenomena that trigger contradictions in the trading market. Sometimes, what seems to be a reasonless range operation may be the basis for profit expansion. Sometimes, clear technical and news support may be a precursor to risk. Therefore, it is understandable that there is no 100% certainty during the trading process.
Weekend market review, how many longs are still around 97,500? It was mentioned in advance over the weekend that the daily level above 990-995 would be tested. Currently, a new high has broken through again, yet many are still asking if they can short? I cannot control the positions in your hands; I can only tell you to manage your own hands well. As for those still saying a pullback to 950-960, I can only say it’s very difficult!
From the daily level, there is still room for bulls to continue above. Yesterday's price closed in the green. Currently, the market trend is running above the five-day moving average, and the market pullback provides a rebound space. A breakthrough at 99,500 focuses on the 100,000 level; first, pay attention to the pressure situation at this line. The four-hour Bollinger Bands are running in the upper middle track, showing a clear upward trend!
Long positions at 99,000-99,300 on pullback, add more at 98,000; focus on the breakthrough above 100,500 looking towards 101,500.
For the second coin, long positions in the 3,600-3,630 range, defend at 3,570, target 3,750-3,800.
Focus on the 90 trading system, no ambiguous analysis! $BTC
The dual contest of technology and news, the real game between profit and risk, are normal phenomena that trigger contradictions in the trading market. Sometimes, what seems to be a reasonless range operation may be the basis for profit expansion. Sometimes, clear technical and news support may be a precursor to risk. Therefore, it is understandable that there is no 100% certainty during the trading process.
Weekend market review, how many longs are still around 97,500? It was mentioned in advance over the weekend that the daily level above 990-995 would be tested. Currently, a new high has broken through again, yet many are still asking if they can short? I cannot control the positions in your hands; I can only tell you to manage your own hands well. As for those still saying a pullback to 950-960, I can only say it’s very difficult!
From the daily level, there is still room for bulls to continue above. Yesterday's price closed in the green. Currently, the market trend is running above the five-day moving average, and the market pullback provides a rebound space. A breakthrough at 99,500 focuses on the 100,000 level; first, pay attention to the pressure situation at this line. The four-hour Bollinger Bands are running in the upper middle track, showing a clear upward trend!
Long positions at 99,000-99,300 on pullback, add more at 98,000; focus on the breakthrough above 100,500 looking towards 101,500.
For the second coin, long positions in the 3,600-3,630 range, defend at 3,570, target 3,750-3,800.
Focus on the 90 trading system, no ambiguous analysis! $BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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