1. Market background and overall trend
From the above two candlestick charts, it can be seen that BTC has recently shown a bullish oscillation trend, especially with the rebound since December 12, the price has successfully broken through several short-term resistance levels and is gradually stabilizing in the $101,500-$102,500 range. The bullish strength in the market has clearly increased recently, but there is some selling pressure above, and the trading volume has not significantly increased, indicating that market sentiment remains cautious.
Review of yesterday
Upward structure: BTC touched a high of $102,650 yesterday but then fell back to around $101,800, indicating that short-term pressure remains strong.
Trading volume: Short-term trading volume has increased, indicating that there is some bottom-fishing capital in the market, but overall, no breakthrough rally has formed.
Moving average system: In the 4-hour and 1-hour charts, the MA7 moving average is gradually flattening and close to the price, while the MA30 moving average shows an upward trend, indicating there is still some support in the medium to short term.
2. Technical analysis and today's market prediction
1. Support and resistance levels
Short-term resistance level: $102,500 (previous high resistance point), if broken, it is expected to test $103,000.
First support level: $101,500 (MA7 support area).
Second support level: $101,000 (lower edge of the previous oscillation range).
Break support: $100,500, breaking below will further weaken.
2. Other technical indicators
Moving average system: In the 1-hour and 4-hour charts, MA7 and MA30 form a golden cross, leaning towards bullish in the short term.
MACD indicator: The fast and slow lines maintain an upward trend, but the red bars are shortening, indicating that the upward momentum is weakening, and there may be a need for short-term pullback.
Trading volume: Market volume has not significantly increased, showing insufficient breakthrough momentum.
KDJ indicator: The K and D lines are sticking together near the high, showing signs of short-term overbought, and caution against pullback risks is needed.
3. Operational suggestions and rational opening strategies
Direction prediction: Oscillation bias is bullish, focus on the breakthrough resistance level above.
Opening position: It is recommended to open long positions with small amounts near $101,500.
First take profit level: $102,200 (300 points of space).
Second take profit level: $102,500 (500 points of space, important resistance).
Stop loss level: $101,000 (if this level is broken, stop loss is needed to control risk).
4. Comprehensive judgment and strategy summary
Market sentiment: BTC is still in a rebound trend in the short term, but lacks volume support, and the intra-day trend is likely to oscillate upward.
Risk reminder: If the price breaks below $101,000, the short-term trend will be disrupted, and attention must be paid to pullback risks.
Rational operation: Strictly execute according to opening position - take profit - stop loss points, avoid excessive chasing of rises or bottom-fishing.
Summary explanation
Today's BTC trading strategy focuses on placing long positions near $101,500, with short-term targets at $102,200 and $102,500, risk control at $101,000. The overall oscillation bias remains strong, with a rational target range of 300-500 points, be cautious of pullback risks.
