The current daily candlestick is firmly above the support level of 103500 points, with the overall market showing a bearish arrangement, entering a downward channel. The MACD indicator shows a decrease in volume and an increase in positions, with the DIF and DEA curves sliding down from a high position, gradually approaching the zero axis. The mid-band of the Bollinger Bands at 106400 points is worth noting, while the lower support level is at 101600 points. In terms of operational strategy, close attention should be paid to the strength of the resistance level at 105800 points.
On the four-hour chart, the market has broken below key trend indicators, possessing the technical momentum to further challenge previous lows. The MACD indicator continues to expand, forming a descending trend of increasing volume. The Bollinger Bands are continuously converging, with the upper and lower bands located at 105500 points and 103300 respectively.
Seize the profit in just one week. If you find it difficult to judge market trends or if short-term trading is not smooth, please pay attention to professional guidance for hands-on teaching support. #BTC #ETH #BTC行情分析
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6.3 Morning Bitcoin Strategy Analysis
The current daily candlestick is firmly above the support level of 103500 points, with the overall market showing a bearish arrangement, entering a downward channel. The MACD indicator shows a decrease in volume and an increase in positions, with the DIF and DEA curves sliding down from a high position, gradually approaching the zero axis. The mid-band of the Bollinger Bands at 106400 points is worth noting, while the lower support level is at 101600 points. In terms of operational strategy, close attention should be paid to the strength of the resistance level at 105800 points.
On the four-hour chart, the market has broken below key trend indicators, possessing the technical momentum to further challenge previous lows. The MACD indicator continues to expand, forming a descending trend of increasing volume. The Bollinger Bands are continuously converging, with the upper and lower bands located at 105500 points and 103300 respectively.
Bitcoin recommendation: 106500-107000🈳 Target 105000
Seize the profit in just one week. If you find it difficult to judge market trends or if short-term trading is not smooth, please pay attention to professional guidance for hands-on teaching support. #BTC #ETH #BTC行情分析