First, let's state the conclusion: conservatively, we see two small dips as a warning! Aggressively, we see a waterfall alert! We know you are still bullish, breaking above 100,000 will trigger a short squeeze. At this moment, you can see that the MACD on the hourly chart is starting to expand; the 4-hour chart is also showing preliminary expansion.
Zhenkang reminds you that this is just a comparison of the speed of buying power and selling power. Right now, the upward momentum is weak, and buying power has gradually exited the market. We are about to see a polar reversal!
From the indicator signals, there is still space above, and market sentiment shows that bulls are taking the opportunity to break through 100,000! However, looking at the liquidation map, after breaking above, a pullback of between 1,000 to 2,000 is inevitable and will come in two rounds!
Only by crashing down will it align with the interests of the market makers; in this round, Zhenkang will again see indicator malfunctions.
In terms of large volume, look at 97,300 with a stop loss at 108,000.
In terms of small volume, look at 98,500 with a stop loss at 100,000.
Daily high at 99,886, although the stop loss provided is relatively aggressive! At least within two rounds, the stop loss is very unlikely to be triggered.
