$BTC
The pancake 95 has already broken, and a rebound 🈳 will just finish it. Currently, the hourly chart may rebound, with the rebound range being 951-954.
MrWang趋势交易员王某
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$BTC 5/4 Viewpoint
Currently, the price of Bitcoin is hovering around 95600, and there has yet to be a confirmed break below on the four-hour chart. If there is a confirmed break below, a short position can be entered. If it touches around 95000, it may rebound to around 96400, at which point we can increase our position. After confirming that the four-hour chart stabilizes at 96400, we will set a stop loss. Another scenario is if it rises to around 96400 now, we can directly enter a short position here. Additionally, if it breaks below 95000 and we did not enter a position, we can wait for a rebound to around 95000 to short, with the lower target still at 91600. After breaking this level, it will likely go towards around 88500.
Currently, the price of Bitcoin is hovering around 95600, and there has yet to be a confirmed break below on the four-hour chart. If there is a confirmed break below, a short position can be entered. If it touches around 95000, it may rebound to around 96400, at which point we can increase our position. After confirming that the four-hour chart stabilizes at 96400, we will set a stop loss. Another scenario is if it rises to around 96400 now, we can directly enter a short position here. Additionally, if it breaks below 95000 and we did not enter a position, we can wait for a rebound to around 95000 to short, with the lower target still at 91600. After breaking this level, it will likely go towards around 88500.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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