5/3, Market Analysis, Contract Recommendations (Produced by Qianli, Must Be a Boutique)

Firstly, the current price of Bitcoin: $96,500, showing a bullish trend with fluctuations upward. Technical indicators indicate strong market buying, with the 4-hour candlestick chart forming multiple higher lows and highs, and the short-term moving averages (EMA) displaying a bullish arrangement, while the long-term moving averages provide solid support.

Technical Signals: The MACD indicator is in an upward momentum range, showing no reversal signals, and the RSI does not indicate overbought or oversold conditions, supporting a continued bullish outlook.

Key Support and Resistance Levels

Support: $96,000 and $95,000 are important short-term support levels; if the price retraces to these levels, it may attract bulls to enter the market.

Resistance: $98,500 and $99,000 are resistance levels above, and a breakout may challenge the psychological level of $100,000.

Operational Strategy Suggestions

Bullish Strategy: It is recommended to set long positions near $96,000, and if a pullback occurs to $95,000, additional purchases can be made, with a stop-loss set at 500 points (approximately $94,500), targeting $98,000.

Short-Selling Risks: Currently, there are no clear reversal signals, so be cautious when shorting. If the price touches the $98,500-$99,000 range and momentum weakens, a light short position can be attempted, with a stop-loss also set at 500 points, targeting $96,500. $BTC