Daily K-line Trend Analysis: Bitcoin's daily level formed a Doji yesterday, but it is not sufficient as a reversal signal. The trading volume is low, and the news impact is still being digested. The price has not broken below the daily EMA7, indicating that we are still in an upward cycle. The current market may replicate previous trend patterns: first, make an upward move to capture short liquidity for downward momentum, then dip to capture long liquidity, and finally rise again. For ETH, pay attention to the 1871 resistance level, as the pattern has shifted from a bearish butterfly to a bearish shark. Yesterday's review: I went long on XRP at 2.18 yesterday, and the stop-loss at 2.15 was triggered. This position did indeed have a slight rebound and formed a Doji; if I had monitored it closely, the result might have been better. The long position at 92500 was not completely reached, with a minimum touch at 92800.

Support and Resistance Levels

Resistance Level 1: 97600 (Bearish Crab Pattern Target + 0.886 Fibonacci Resistance Level + Concentrated Short Position Area)

Support Level 1: 92800 (4-hour EMA60, dynamically changing)
Support Level 2: 89000 (Daily EMA30)$BTC

Bitcoin Long Position Review from Yesterday



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