$BTC Market Analysis
1. Price Trend
BTC's current price is 104,983.48 USDT, recently breaking through the important psychological barrier of 105,000 USDT, but currently has slightly retreated.
24-hour high: 106,648 USDT, low: 101,764 USDT, indicating significant short-term volatility.
Recently, there has been a clear upward trend, but there is a risk of short-term adjustment.
2. Moving Average Performance
EMA(7) (short-term) is 96,002.50, and the price is far above the short-term moving average, indicating that the current market is relatively strong.
EMA(25) and EMA(99) are at 91,104.82 and 76,058.40 respectively, with moving averages showing a bullish arrangement, further confirming the overall upward trend.
3. Trading Volume
Increased trading volume indicates strong market participation accompanying the rise, supporting the validity of this rebound.
4. Indicator Performance
RSI(6): 53.37, in the neutral zone, indicating moderate market momentum; it has not yet become overbought or oversold in the short term.
KDJ: K value is 65.18, D value is 65.54, J value is 64.45. Currently, the KDJ curve shows signs of turning, indicating that short-term prices may oscillate or slightly pull back.
MACD: DIF (4,425.47) and DEA (5,237.80) show a death cross, and the MACD histogram is negative (-812.34), suggesting potential adjustment pressure in the short term.
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Entry and Exit Suggestions
1. Entry Points
First entry point: near the 102,000 - 103,500 USDT area. If the price pulls back to the short-term support level (near EMA(7)), consider building a position in batches.
Second entry point: If it further pulls back to 98,500 - 99,500 USDT, this is the support area of the previous small platform, with lower risk.
2. Exit Points
Short-term target: 106,500 - 108,000 USDT. This area is the previous high point resistance, consider taking profits in batches.
Stop-loss point: 99,500 USDT. If it falls below the previous support level, it may turn into a downward trend, and timely stop-loss is necessary.
3. Points to Note
Current price is oscillating at a high level, a technical pullback may occur in the short term, it is recommended to patiently wait for a pullback to the support level before positioning.
Short-term trading needs to closely monitor the gains and losses at the 105,000 USDT level. If it breaks and holds above, it can be chased; if it falls below, caution is required.
Strictly set take-profit and stop-loss levels to prevent sharp market reversals.
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Summary
The current market has a strong bullish trend, but short-term adjustment pressure is increasing. It is recommended to focus on the 102,000 - 103,500 USDT area for low absorption positioning, targeting above 106,500 USDT, with risk management being crucial.