Cryptocurrency Academic: Market Sentiment of Bitcoin at 12.4: Bullish Trend Unbroken, Will Bears Counterattack?
The current price of Bitcoin is 95400, and it is now 4:20 AM Beijing time. Let's review the real-time strategy provided in yesterday's article: Long at 94500, resistance at 96000 formed a clear pressure point, so I could only take half off, and continue holding the rest. I re-entered at a pullback to 94000, with a stop-loss at 93500, but got stopped out just one hundred points away. Sold another half at 96000, and continued holding the rest, making a total of 3000 points back and forth. Before the larger trend breaks, don't rush to exit; all pullbacks are false signals for shorts.
Looking at the daily K-line, the highest was 96300, and the lowest was 93600. When it broke the EMA15 trend support at 94330, let's see if today’s daily K-line can form effective support and stand continuously at EMA15. The main force may use this to build momentum, so don't rush to exit. Look for opportunities to add back the profit-taking portion of your position below 94000, then set a stop-loss for defense. MACD is continuously shrinking downwards, and DIF and DEA are still expanding at high levels. The Bollinger Bands are still contracting, and the current K-line is above the middle track at 94300. Pay attention to the upper track at 100800 and the lower track support at 97900. As long as the major trend support is not broken, all pullbacks are false signals for shorts.
The four-hour K-line has continuously contracted downwards, breaking the EMA60 trend line at 95555 and also virtually breaking the EMA90 trend support point at 94300. The next support to watch is the EMA120 trend line at 92700. MACD is shrinking in volume and continuously gaining momentum. After DIF and DEA fall below the 0 axis, they begin to contract. The Bollinger Bands show a trend of opening and expanding. The overall trend is continuously testing the strength of the bottom support, repeatedly breaking the previous low. After entering long positions, strictly set stop losses; risk management comes first, and short entry points are above 97000.
Short-term strategy reference: The market is not 100% certain, so always set a stop loss. Safety comes first; small losses and big gains are the goal.
Below 94000 to 93500 long, with a defense at 93000, stop loss at 500 points, target 95000 to 96000, breaking will look at 96500 to 97000.
Above 96500 to 97000 short, with a defense at 97500, stop loss at 500 points, target 95000 to 94500, breaking will look at 94000 to 93500.
I am a cryptocurrency academic, a warrior who always protects retail investors. I wish my fans achieve financial freedom in 2024. Let's work hard together! $BTC #比特币行情分析 #BTC合约
