BTC
Bitcoin's daily fluctuations are severe, with a high reaching 96,300 and having fallen below the EMA12 trend support of 95,400. At this moment, attention should be focused on whether the daily chart can return to and stabilize above the EMA12. If achieved, the main force may take the opportunity to launch a strong attack, and investors should not exit too early. In terms of technical indicators, the MACD is decreasing in volume, the DIF and DEA are diverging at a high level, the Bollinger Bands are contracting, and the K line is above the middle track of the Bollinger Bands at 94,900, with the upper track at 100,400 facing pressure and the lower track at 89,000 providing support. As long as the major trend support is solid as a rock, any pullbacks are mostly false signals for shorts, and investors need to closely monitor key levels to make timely investment decisions.
The four-hour chart for Bitcoin does not look optimistic, continuously contracting downwards. First, it broke below the EMA26 trend line at 96,000, and then it slightly broke below the EMA90 trend support point at 94,300. In terms of technical indicators, the MACD continues to decrease in volume, the DIF and DEA began to contract after falling below the zero axis, and the Bollinger Bands are showing an opening expansion trend, indicating that the overall trend is continuously seeking bottom support strength and has repeatedly broken through previous lows. In this situation, entering long positions must strictly set stop-loss levels, prioritizing risk management. Short positions can consider being laid out above 97,500, with flexible adjustments to trading strategies.
Key points for short-term trading strategies: The market is unpredictable, and there is no absolute certainty; therefore, stop-loss levels must be set to prioritize the safety of funds. The core pursuit and goal of short-term trading is to exchange a small stop-loss cost for significant profit opportunities.
