Day trading

Direction: Long
Order Price: 121500
Stop Loss: 120800
Take profit: 123000
Leverage: Manage leverage reasonably based on your own capital.
Profit and loss ratio: approximately 1:2
1. Technical support signals
- Pullback confirmation: The price fell from $122,150 to $121,880, with a decrease in trading volume (15-minute volume ratio of 0.8), without breaking the upward channel.
- Moving averages providing support: Daily EMA5 ($121,500) and EMA21 ($119,800) in a bullish arrangement, a pullback presents an entry opportunity.
- Options support: $123,000 call options open interest reaches $1.2 billion, creating upward pull.
2. Policy and Funding Driven
- Cryptocurrency Weekly Bill: The U.S. House of Representatives is reviewing the "Genius Act" and three major policies. If passed, it will establish a compliance framework for stablecoins, which is positive in the medium to long term.
- ETF capital inertia: BlackRock's IBIT saw a single-day inflow of $480 million, with a cumulative total of $2.71 billion this week, indicating strong buying momentum.
- Whale Wash: After transferring 3,200 BTC to the exchange, the price did not break the key support, indicating strong buying pressure.
3. Key Points of Market Monitoring
- Bullish failure signal: 15-minute consecutive close below $121,300 with volume ratio > 1.2, take early stop loss.
- Short squeeze risk: If the Binance buy wall > 2,000 BTC, move the stop loss up to $121,200.
📌 "In a bull market, one does not speak of a peak, but be wary of black swans"—Under the premise of strict stop-loss, buying on dips along the 5-day moving average is the optimal strategy at present. If the CPI has not reached $121,500 before the event, then abandon the entry and trade in the direction of the data after it is released!
Strategies may not always be correct; opening a position by following the trend can lead to mistakes. One must have their own considerations.
#BTC再创新高#