Recently, the movement of BTC is like a "range master" - up and down fluctuations, but my indicators have quietly suggested: 🔻 Top → Short reaction, 🔺 Bottom → Strong rebound ignition, especially this wave of rebound from below 103K, perfectly landing on multiple moving average support + previous bottoms, which is a standard level "engulfing confirmation."
📌From a technical perspective, the market is currently oscillating at the upper edge of the range. If it can break above the resistance level of 104,300, there is a high probability that the market will develop a bullish structure that breaks away from the consolidation. However, it is important to note that the key support level below is 102,700; if this level is breached, caution should be exercised regarding this rebound.
🔍 Personally, I tend to be bullish in the future, but I only do "signal trading." I don't speculate or gamble; I only act based on the signals provided by my indicators.
🎯What do you think of this trend? Will it break through the upper edge? See you in the comments! 👉 You can check out more practical charts on the homepage, and indicators are also available for external experience, with long-term updates, so you won't get lost! #BTC##ETH#
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📉 Fluctuation? Or accumulation?
Recently, the movement of BTC is like a "range master" - up and down fluctuations, but my indicators have quietly suggested: 🔻 Top → Short reaction, 🔺 Bottom → Strong rebound ignition, especially this wave of rebound from below 103K, perfectly landing on multiple moving average support + previous bottoms, which is a standard level "engulfing confirmation."
📌From a technical perspective, the market is currently oscillating at the upper edge of the range. If it can break above the resistance level of 104,300, there is a high probability that the market will develop a bullish structure that breaks away from the consolidation. However, it is important to note that the key support level below is 102,700; if this level is breached, caution should be exercised regarding this rebound.
🔍 Personally, I tend to be bullish in the future, but I only do "signal trading." I don't speculate or gamble; I only act based on the signals provided by my indicators.
🎯What do you think of this trend? Will it break through the upper edge? See you in the comments! 👉 You can check out more practical charts on the homepage, and indicators are also available for external experience, with long-term updates, so you won't get lost!
#BTC# #ETH#