Cryptocurrency Short-Term Trends

4-Hour Level

Yesterday, the price surged to around 102,500, retracing 1,500 points, and if it holds above 101,000, it is expected to challenge 105,000 - 105,500.

Due to the large distance between the EMA20 moving average and the K-line, it may drop to 101,100 where the moving average rises, or fall back to 99,600 and then rebound.

It is anticipated that during the day, it will fluctuate and consolidate between 101,300 - 102,800, waiting for the moving average to rise to 101,150 for further gains.

1-Hour Level

After breaking 99,500 yesterday, two large bullish candles pulled it up to around 102,500 for a retracement, about to stabilize above the EMA20 moving average near 102,500, followed by fluctuations.

During the day, it's advisable to take high positions between 102,800 - 100,800; in the evening, focus on low positions primarily, and currently, short positions can be considered appropriately.

Pay attention to the summary for bull market strategy layouts, share various codes, and help you understand more about hundred-fold coins #微策略持续增持BTC .