Daily analysis: Bullish momentum continues to be released, and high-level consolidation appears
From the daily chart, the current price of Bitcoin is 91165. The price fell under pressure from yesterday's high, but it still remained above the MA5 moving average (89592), showing a certain degree of bullish resilience. The MACD indicator continues to run in a golden cross, and the red column kinetic energy remains stable, but the volume is slightly smaller than the previous period, indicating that the bullish force has weakened. In the short term, the key pressure level above is 93421 (recent high point). If it breaks through this position, it is expected to open up further room for growth; the support below focuses on MA10 (84611), which will become the main line of defense for the callback.
Four-hour line analysis: The oscillation pattern continues, waiting for the direction to be chosen
The four-hour chart shows that the price of Bitcoin is currently running between the middle and upper tracks of the Bollinger Bands, and the upper track of the Bollinger Bands forms a short-term pressure level near 92,000. The MACD indicator is sticking at a high level, and the momentum column is weakening, indicating that the market's long and short sentiment is tending to balance. The K-line rebounded after touching the MA10 moving average (90,600) several times, but the strength is insufficient. If it cannot quickly pull up and break through the previous high, it may continue to step back to the lower track of 89,000.
Hourly line analysis: short-term pressure adjustment, pay attention to the moving average support
In the hourly chart, the price of Bitcoin fluctuates around EMA7 (91000), and the overall trend is slightly weak. The MACD indicator has shown signs of a death cross, the green column is increasing, and the bullish momentum has obviously weakened. The short-term support is around 90500. If it falls below this support, it may test the 90000 integer mark.
Operation suggestions: Buy low and sell high, and respond flexibly
Long order strategy
Entry range: 90000-90500
Stop loss: 89500
Target: 92000, 93000
Short Order Strategy
Entry range: 91500-92000
Stop loss: 92500
Target: 90500, 89500
Summary and reminders
Currently, Bitcoin is in the stage of long-short game, and the volatility is intensifying. Stop loss should be strictly set in operation to avoid chasing up and selling down. In addition, as the price approaches the previous high pressure level, investors are advised to remain cautious and pay attention to the breakthrough of key positions to judge the future market direction.
