In the past two days, the trend of the cryptocurrency market has attracted attention. The K-line pattern clearly shows an upward trend, especially yesterday's sharp rise in the price of the currency, successfully returning to above the 100,000 mark, which is highly consistent with our previous expectations.
In the hourly K-line, long lower shadows appear frequently, which is a key signal, indicating that when the price is low, the buying power is strong, constantly supporting the market, showing a positive attitude towards the currency.
From the analysis of technical indicators, the MACD indicator performs well, the bar chart continues to be in the positive area, and the DIF line effectively crosses the DEA line upward, which is a typical bullish market signal, which means that the bullish forces in the current market are dominant. However, it is worth noting that the MACD indicator also suggests that the pressure of callback is quietly accumulating in the short term.
At the same time, the RSI relative strength index value has climbed to 71.5, approaching the overbought range. This value shows that the price of the currency has risen too much in the short term, and there is a need for callback correction, but overall, the market is still in a strong state, and the bullish force has not yet been fully released.
Looking at the moving average, the current coin price is running steadily above the three moving averages of EMA7, EMA30 and EMA120, which clearly shows a strong upward trend. Among them, EMA7, as a short-term moving average, provides strong short-term support for the coin price.
Overall, the current market bull pattern has not changed, but the short-term pressure cannot be underestimated, and the risk of callback is increasing. For operations, if you are looking for long opportunities, the entry point can be considered around the 98000-96000 range. This area can better balance risks and returns. In terms of target setting, the upper side can first look at the recent high of 100800, and the further target can be set at 101600-102200.
Investors need to pay close attention to market dynamics and flexibly adjust investment strategies to cope with potential market changes.
#BTC重回10万 #比特币价格走势分析