Based on the uploaded BTC candlestick chart, I will conduct a technical analysis to predict today's trend and propose corresponding operational strategies.
Trend judgment
Currently, BTC's trend has entered a consolidation phase after a period of rapid rise, and there was a certain degree of pullback yesterday, forming strong resistance and support levels.
The daily moving average system shows a bullish arrangement, but short-term moving averages show signs of flattening, indicating that upward momentum has weakened.
Key points
First support level: 75500 (yesterday's low support); if the price touches this level and stabilizes, a rebound is expected.
Second support level: 75000 (30-day moving average position); there is strong support here; if broken, it may further decline.
Resistance level: 76900 (yesterday's high), also a previous high; if broken, it will open up new upward space.
Momentum indicator
RSI is hovering in the 60-70 range, indicating that the market is in a strong zone, but the upward momentum is insufficient.
The MACD indicator is converging at a high level, indicating potential pullback risks.
Operation suggestions
Intraday strategy
If the price finds support near the 75500 support level, consider trying a light long position, with a target at 76900 and a stop-loss set below 75000.
If the price breaks above 76900, it may initiate a new upward trend, with short-term targets looking at 77300-77500; it is recommended to increase the position in line with the trend.
If the price breaks below the 75000 support level, it is necessary to observe and wait for a new stabilization signal in the short term.
Specific operation points
First support level: 75500
Second support level: 75000
Resistance level: 76900
Today's market summary
BTC is likely to fluctuate in the 75000-76900 range today; if it stabilizes at the support level, consider going long appropriately, and pay attention to the breakthrough situation of the 76900 resistance level. Overall, the current trend is relatively cautious; heavy positions are not recommended, and further operations should wait for clearer directional signals.
Market conditions are unpredictable, and opportunities are fleeting. Closely monitor every subtle change to seize your opportunities; only then can you stand firm amidst market fluctuations. Today, are you ready? Let's look forward to the exciting performance of the market!
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