Today's Market Analysis and Operational Recommendations
Recently, the price of #BTC has maintained a fluctuating upward trend, with bullish sentiment dominating.
Technical Indicator Analysis:
--MACD: DIF and DEA are operating above the zero axis, and the histogram is positive, but there are recent signs of volume contraction, indicating a slight weakening of bullish momentum.
--RSI: The current value is around 60, not entering the overbought zone, indicating that the market still has upward potential.
--Moving Average System: EMA7, EMA30, and EMA120 are all in a bullish arrangement, with short-term, medium-term, and long-term trends looking positive. Combined with favorable news support, the overall market sentiment is optimistic.
Intraday Operational Recommendations:
--Short-term Support Level: Consider going long near $94,500, with a target of $97,000.
--Short-term Resistance Level: Consider going short near $97,000, with a target down to $95,500.
It is recommended to flexibly adjust positions, strictly set stop losses, and control trading risks.