Monday Morning Jing Yi's Thinking


A good day starts with a new week! Early morning provides Zuo Kong's ideas, Bitcoin breaks out of 1000 points, and Auntie breaks out of 38 points

From the current technical structure, the 4-hour chart breaks below the Bollinger middle band at 635, indicating short-term weakening after a period of consolidation; KDJ's three lines turn downward into a bearish zone, MACD red bars continue to shrink, bullish momentum diminishes, and the rebound highs gradually move lower, favoring a short-term bearish outlook. The trading strategy mainly focuses on shorting at high levels.

Short-term resistance at the Bollinger middle band of 639, strong resistance at 647
Short-term support at 622, if broken, look to 607

Trading ideas
Bitcoin rebounds into the 639-647 zone, consider shorting with targets at 632-625-607
Auntie rebounds into the 1730-1755 zone, consider shorting with targets at 1700, if broken, look to 1686#我的Gate交易时刻
BTC0.46%
ETH0.26%
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GateUser-07f4965c
· 26m ago
Just charge forward 👊
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