Bitcoin is gathering strength and may welcome a new round of increase tonight! 🚀
The early session dipped to $87,500, followed by a short-term rise and pullback, which may indicate that the day's high has been reached. After a short-term consolidation, it may further dip, providing an opportunity to enter long positions at lower levels tonight!
4-hour trend analysis:
K-line pattern: Consolidation in the 85000-87000 range, with a pullback after the long bullish candle broke out on March 19.
MACD: Short-term still has upward momentum, but beware of divergence risks.
RSI: Approaching the overbought zone (69.12), may face pullback pressure.
EMA: The short-term trend is bullish, with the current price close to EMA7, pay attention to the support role.
Trading volume: Reduced volume adjustment on March 20, previous rise accompanied by increased volume, with evident capital inflow.
Evening stable layout strategy:
Enter long positions in the 84000-84500 range, target 85500-86300 📈
Add to long positions near the trend pullback around 83300, target levels unchanged!
The market is highly volatile, be sure to manage risks and set reasonable stop losses!
The market is always testing patience and rewarding pioneers. What’s the next step? You already have the answer in your heart, right? #币安投票上币 #美联储3月利率决议 #币安LaunchpoolNIL #你看好哪一个山寨币ETF将通过? #Strategy增持比特币 $BTC $ETH $XRP