Last week, it was said that BTC would drop to 80,000 once, and we also set up our positions at the high point. After BTC broke below 80,000, Ji Jun also reminded everyone to go long again and look upward. This move allows both ups and downs to be captured, taking around 4,000 points of space. Everyone who got on the train has already been enjoying the gains—today is an important milestone.



With the upcoming CPI data as a boost, it may guide the subsequent direction. If the upward move continues, it is very likely that there will be a second rally to around 85,000. In the short term, the previous upward expectation has already been exited. There is a risk of a pullback in the short term—wait for an opportunity to buy when it comes back down, and look upward again from there.

From a technical structure perspective, BTC is currently at resistance zones on both the hourly and four-hour levels. In the short term, it is not optimistic to see a breakout; the hourly MACD is showing a decreasing-volume signal, and a small consolidation range is likely to form above 80,000. As for the southern route (Nanjing side), we will not participate for now—if there is no position, just wait. When news approaches, we can stay steady; if there is a pullback, we can look upward around 80,500.

BTC trading suggestion: look up above 80,500, target 83,000, and if broken, watch 85,000#比特币波动
BTC-0.71%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin