Monday Evening Personal Insights (Specific guidance based on real-time analysis)
During Monday's proceedings, the market exhibited a typical trend of rising initially and then falling. Compared to the early session, it once climbed to a high point of 101457, but subsequently faced significant retracement pressure, entering a phase of adjustment and fluctuation. By the afternoon, it even touched a low of 98374, after which we promptly entered the market at the low point to secure a stable profit of a thousand points.
According to the current four-hour technical analysis structure, the market is operating near the middle-lower band of the Bollinger Bands, showing a downward trend. The KDJ indicator is in a downward posture, and the MACD indicator also shows a downward signal, with momentum significantly increasing. In terms of support levels, we are particularly focused on the first support line near 98000 and the secondary support line near 97500. For resistance levels, attention should be paid to the first resistance line near 99600 and a higher resistance line near 100800.
Evening short-term suggestion:
If Bitcoin retraces to around 98000-97600, look to target around 99400-99700. #BTC☀ #ETH🔥🔥🔥🔥