Bitcoin:
94400 for buying, stop loss at 300 points, looking up at 95500, after breaking through looking at 96600-97600.
Bitcoin Breakthrough Order:
Can chase after breaking 95500, with a stop at 94800. (For those who lack confidence, you can ignore chasing order operations, disregard it.)
Bitcoin High Position Short Order:
Short at 97600, looking down at 91000. (This order will adjust, every adjustment will be announced in the square.)
Yesterday, Huang Mao stirred things up again, saying that no red line will change the tariff policy, causing Bitcoin to drop to a low of 93367 after the US stock market opened, and the Nasdaq continued to decline, only to return late at night, closing with a doji star. Personally, I expect the moment of change is coming.
As a swing trader, I actually don't like to call for short orders, but the market doesn’t give you the opportunity for swing orders. With a volatility of 2000 points, how should one play?
Yesterday, BTC inflow was 590 million dollars, and last week, on-chain tracking showed that large BTC holders increased their holdings by 5800 coins in a week. Such levels of accumulation and capital inflow usually mark the beginning of a bull market.
Currently, Bitcoin is fluctuating in a narrow range of 92000-95000, and the 1-hour chart is starting to form a triangular convergence. A pullback to 94400 can attempt to open a long position, with a stop loss at 300 points, looking up at 95500, and after a real breakthrough, looking at 96600-97600.
As for what everyone says about reaching 100,000 or 120,000, I still feel that a pullback of at least 5%-8% is needed to have sufficient momentum to rise.
PS: Have you been paying attention to Teacher San Shang's coin?
Small orders, always calling, but we still focus on swing trend orders, compared to small orders, the profit is negligible.