Recently, BTC has been jumping back and forth between 104,000 and 106,000, which is very similar to an "electrocardiogram". Retail investors can't understand it! Don't panic, I will show you the key signals in 3 minutes👇
---Trend analysis: In the battle between bulls and bears, who will be the winner?
1️⃣ K-line pattern suggests heavy pressure
- Oscillation range: The price is stuck between 104,000 and 106,000, unable to go up or down, and it is obvious that the market is preparing for a big move.
- Long upper shadow warning: The daily K-line frequently shows "skyrocket" (upper shadow), which means that the market will be smashed as soon as it goes up, and the resistance above is ironclad!
2️⃣ Technical indicators collectively "sing pessimistic" short-term **
- MACD: The hourly MACD is below the zero axis, and the two lines (DIF, DEA) are still sliding down, proving that the bears are in control!
- RSI: The value is stuck at 40-50, which means it is neither oversold nor enthusiastic. The market sentiment is like lukewarm water, lacking momentum for both rising and falling.
- EMA mystery: The price is suppressed by the short-term moving average (EMA7), but it is not far from EMA30, and the long-term EMA120 is still supporting at a low level, indicating that the general direction is bullish, but the risk of short-term correction is high!
3️⃣ Trading volume is a hidden trick
- Large volume on the hourly chart: When prices fluctuate violently, trading volume suddenly increases, as if big funds are "counter-trading", and retail investors are easily left behind.
- Daily line lying flat: The overall trading volume is as steady as an old dog, which means that big funds have not yet fully entered the market, and it is difficult to have a one-sided market in the short term.
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🎯 Operation strategy: Find the golden pit in the decline
📌 Buy Point
- First strike: **103000 USDT** (previous low point + integer level, high probability of support)
- Second strike: **102000 USDT** (in case of deeper pullback, buy at the bottom at the strong support level, with a higher profit and loss ratio)
🛑 Stop loss discipline: Stop loss decisively if it falls below 101,500 USDT, don’t fight the trend!
📌 Selling Point
- First target: 105500 USDT (recent high pressure point, suitable for cashing in)
- Second target: 106500 USDT (may test stronger resistance after breaking through, but the probability is low)
🛑 Short stop loss: admit defeat and leave the market if it breaks through 107,000 USDT to prevent being killed by the bulls!
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⚠️ Risk Warning
- The 1-hour trend is clearly downward: MACD+EMA double suppression, rebounds are opportunities to escape, don’t be greedy!
- Insufficient trading volume is a major flaw: the daily line has no large volume, indicating that big funds are still waiting and watching, and short-term fluctuations are entirely dependent on retail investors cutting into each other.
- Keep a close eye on the key points: 103000 and 102000 are the "life and death lines", and a break may trigger panic selling!
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🔥 Ou Peng's summary: Don't chase the bears in the short term, buy the bottom in batches below 103,000, and run away in batches when it rebounds above 105,500! Remember, making money in a volatile market depends on discipline, not faith~
(The market is risky, be cautious when investing, the strategy is for reference only, and you are responsible for your own profits and losses!)
