Recently, BTC has been rising unilaterally, and it seems to be a prosperous scene. Nasdaq broke through 20,000 points, and it should be confirmed and fluctuated here. At present, some investment institutions are showing signs of selling at this position. It may be to avoid the risk of systematic market crash and clearing leverage.
Tonight, the Federal Reserve announced the interest rate. If nothing unexpected happens, it should be a 25 basis point rate cut. It is considered a normal positive. US stocks will also rise according to the overdue period, and BTC should be driven to continue to rise. But one thing is that there is a window period after the interest rate cut and before Trump takes office. At this time, BTC should continue to trade sideways at a high level, and then repeat the behavior of inserting needles up and down and clearing contracts around 10w.
Everyone should be relatively cautious in operation. For a period of time, it has continued to rise, and the air force should have surrendered. For long partners, remember to bring stop loss. Prevent violent insertion and clean up floating profits.
At the current daily level, BTC is still in a bullish rising pattern, and the rising trend line and pattern are very obvious. It is not recommended to do long shorts, but short shorts are OK. Yesterday, a high-level spiritual tablet line appeared, and there is a risk of callback. It is not recommended to chase high. The support below is 102500 and 98600. The retracement is mainly low-long. Before the shape and trend change.
The four-hour MACD crosses, and there is a short-term correction demand. The support below is near 104088. Stop loss is near 103500.
The current sentiment is still greedy, and extreme greed is extreme risk. It is not recommended to chase high. Shanzhai patiently waits. Many times, you think it is impossible, but it is precisely patience that gives everyone the opportunity to get on the bus at a low level.
If BTC pulls back at present, Shanzhai will also enter the market at the bottom of the corresponding stage. Don't take the rising position to measure it, it can be regarded as the mid-term bottom. The second half of BTC has just begun. I have been saying a few days ago that if you really don’t find the right currency, LTC is relatively good, and you can enter the market in batches near 110-100-90. There are still opportunities for 2-3 times in the future. Several rounds of bull market, financial attributes, the dealer will not miss every bull market. Otherwise, who will remember it in the next bull market. It is recommended to pay attention to sol, trx, uni, ena, doge, nerio, and other currencies that are in a correction. It is not advisable to chase high prices. Ambush at low levels to maximize profits. $BTC