BTC
K-line pattern analysis
As can be seen from the chart, BTC has been on an upward trend recently, and its current price is 65628.4 USDT.
The price began to rebound after finding support near 62266.0 USDT and currently encountered short-term resistance at 66100.0 USDT.
Moving average analysis
Short-term moving average (5-day MA): The price is running above the 5-day MA (65623.5 USDT), indicating that the short-term market sentiment is relatively optimistic.
Medium-term moving average (10-day MA): The price is above the 10-day MA (64880.3 USDT), indicating strong market sentiment.
Long-term moving average (30-day EMA): The price is trading above the 30-day EMA (64215.0 USDT), indicating that the long-term market sentiment is relatively positive.
Support and Resistance
First support level: The price is supported near 65,000 USDT. If it falls below this level, it may fall further to 64,500 USDT.
Second support level: The price has strong support near 64,000 USDT. If it falls below this level, the price may fall further.
Resistance level: The upper resistance level is at 66100 USDT and 66500 USDT. If it can effectively break through this position, the probability of continuing to rise in the short term is relatively high.
Volume Analysis
Trading volume increased during the price increase, indicating strong buying power in the market.
The current trading volume has declined, indicating that market sentiment is cautious and wait-and-see.
CCI indicator
The CCI indicator is currently at 117.9, showing that market sentiment is strong.
If the CCI indicator continues to be above 100, it means that market sentiment is strengthening and prices are expected to rise further.
Future Trends Prediction
In the short term
Oscillating upward: The price may fluctuate between 65,000 USDT and 66,100 USDT. If it can break through 66,100 USDT, there is a high probability that it will continue to rise in the short term.
Downside risk: If it falls below 65,000 USDT, the price may fall further to 64,500 USDT or lower.
Medium to long term
Rebound after adjustment: If the price is supported near 65,000 USDT or 64,500 USDT and the trading volume increases, there may be a rebound opportunity.
Trend confirmation: If the price rebounds and breaks through 66100 USDT and 66500 USDT, the medium- to long-term trend will turn strong again.
Operational Strategy
Long Strategy
Buy on dips: When the price gets support near 65000 USDT or 64900 USDT and a rebound signal appears, you can buy in batches.
Breakout Buy: When the price breaks through 66100 USDT and the trading volume increases, you can buy according to the trend.
Short selling strategy
Short on rallies: When the price is blocked near 66100 USDT or 66500 USDT, consider shorting.
Breakthrough short selling: When the price falls below 65,000 USDT, you can follow the trend and short sell.
risk control
Stop profit and stop loss settings
First stop profit: 66000 USDT
Second stop profit position: 66300 USDT
Stop Loss:64960 USDT
BTC is in an upward trend recently, with a strong short-term trend, and the price fluctuates between 65,000 USDT and 66,100 USDT. The operation strategy recommends combining buying on dips and buying on breakthroughs, while looking for shorting opportunities near key resistance levels.
The market is unpredictable and opportunities are fleeting. Only by paying close attention to every subtle change and seizing your own opportunities can you remain invincible in the ups and downs of the market. Are you ready today? Let's look forward to the wonderful performance of the market together!
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