Today's Bitcoin is expected to maintain a volatile pattern with limited fluctuations. From a technical analysis perspective, the MACD indicator shows an upward opening trend on both the 1-hour and 4-hour levels, indicating a short-term upward trend. However, the shrinking phenomenon of the MACD histogram indicates that the upward momentum is weakening; although initial signs of a bullish trend have appeared, the strength is not yet robust.
From a broader perspective, the overall trend of Bitcoin remains within a downward channel. Whether it can break through the current range-bound pattern still requires further observation. Given the uncertainty, today's trading strategy suggests focusing on high volatility, emphasizing the principle of stability.
Morning trading suggestions
Entry point: Bitcoin rebounds to 84500-84000🈳
Target level: Looking down at 82000-81500 USD
Stop-loss setting: It is recommended to set a reasonable stop-loss above the entry point to control potential losses.
Position management: Allocate positions reasonably according to personal capacity to avoid excessive leveraged operations.
