Continue to maintain morning thoughts

Yesterday, the price of Bitcoin fell back under pressure above 95,000 as expected, starting a retracement adjustment from the 95,400 line, with a morning low touching around 93,900. Overall, it maintained a box fluctuation pattern between 93,000 and 96,000. Recently, the market has shown typical range consolidation characteristics in the absence of significant news and macro narratives for support, with the larger bullish trend in the technical structure remaining unchanged, but short-term momentum is insufficient, leading to limited intraday fluctuations. If following a high sell and low buy strategy, one could gain swing profits at both ends of the range.

2. Technical Analysis Daily Level: Bitcoin is still in a high-level fluctuation and repetition phase, with the MA200 moving average (currently around 92,000) providing strong support. The MACD indicator in the attached chart maintains a golden cross, but the red bar momentum is shrinking, suggesting that bulls need to accumulate strength. 4-Hour Cycle: Prices fluctuate along the middle track of the Bollinger Bands, and the KDJ indicator is consolidating near the 50 axis, indicating unclear short-term direction. The area below 93,000-93,500 forms a dense support zone, while the resistance above is at 95,500-96,000.

3. Operational Strategy Suggestion Intraday Main Strategy

Continue the high sell and low buy approach, key operation for long positions: Build positions in batches in the area of 93,000-93,500, stop loss at 92,000, target 95,500-96,000.

Short position area: Lightly enter near 96,000, stop loss at 96,500, target 94,000 breakout follow-up: If effectively breaking through 96,000, then look up at 98,000; if breaking below 92,000, then turn to bearish thinking #币安Alpha上新 #Strategy增持比特币 #SEC推迟多个现货ETF审批