Crypto Circle Mr. Coin: 1.5 Bitcoin (BTC) Market Analysis Reference;

 

Bitcoin continues to oscillate at high levels, with multiple intraday pullbacks around the 97500 line. Bullish sentiment has somewhat warmed, and prices slightly broke above the 98800 line before facing pressure. Currently, the coin price is still operating in the 98000 area, with intraday bullish sentiment weakening, and the market has entered high-level consolidation once again.

From the daily chart perspective, although prices rebounded yesterday, the subsequent supply was insufficient, and the trend has not stabilized upward. It is currently retreating again to the support below, with a rebound emerging at the low of 97500. If the price cannot sustain a rebound to break through yesterday's high pressure, it is expected that the oscillation consolidation will continue for some time. Intraday operations should maintain high shorts and low longs.

From the short-term hourly chart perspective, the Bollinger Bands are in a contracting phase, with prices under pressure and adjusting in the upper-middle band area. The current price is fluctuating around 98000, with short-term middle band support at the 97000 line. If it can stabilize continuously afterward, prices are expected to return above 99000. Conversely, if there are multiple attempts to test yesterday's high without forming an effective breakthrough, it is expected that prices will retreat to the 97000 support area.

 

 

1.5 Bitcoin Short-term Reference:

 

Long orders, buy in the 97500-97000 range, with a stop loss at 95500, take profit at 97000 and above,

Short orders, lightly short in the 99700-90300 range, target 500-1000 points, stop loss 100700,

 

1.5 Ethereum Short-term Reference:

 

Long orders: 3480-3530 range, stop loss at 3350, take profit: 3330 target above 3520,

Short orders: 3730-3680 range, stop loss 30 points, target 50-100 points,

 

Messages may be delayed, strategy suggestions are for reference only. Market conditions change rapidly. No matter how high the judgment on the market is, be sure to set take profit and stop loss properly to secure gains.