$BTC Bitcoin midday thoughts


✅Long position ideas
Avoid chasing longs at the current price, prioritize waiting for a rebound to stabilize in the 76700-76500 range (such as a bullish reversal candle or a second golden cross on the 15-minute indicator), then lightly try long positions.
Target first at 77300-77500, if broken then look above 78000; stop-loss below 76300, no holding through.
✅Short position ideas
Only consider lightly shorting when the price repeatedly faces resistance in the 77400-77600 range and a reversal signal appears on the 1-hour chart (such as RSI bearish divergence or a candlestick with an upper shadow), then try short positions cautiously.
4-hour
This wave has risen from 74800, now steadily above the Bollinger middle band, indicating a recovery from the previous downtrend.
• RSI is still around 66, not in the overbought zone signaling a collapse, still has upward momentum
• KDJ is a bit over 90, short-term may need a breather and a pullback before moving higher
• In one sentence: The main trend is currently a strong rebound, as long as the middle band holds, there’s hope
1-hour
The rebound trend on the hourly chart has not broken, after retesting the middle band and stabilizing again, now oscillating between the middle and upper bands.
• The Bollinger upper band around 77100 is the immediate hurdle, if it can’t break through, it will need to grind
• RSI and KDJ are both high and flat, bulls and bears are fighting here, no one has the absolute advantage
• In one sentence: Slightly bullish consolidation, depends on whether the upper band can be broken
15-minute
The 15-minute chart just dropped from the upper band, now hovering near the middle band, short-term momentum has weakened.
• RSI dropped from the 70s to the 50s, KDJ is also turning downward, short-term needs a pullback for correction
• The Bollinger middle band around 76900 is the current support, if it can’t hold, it will move toward 76700, 76500
• In one sentence: Short-term correction needed, don’t chase high, wait until it stabilizes before acting
#btc #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍
BTC1.8%
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