Bitcoin Contract Wealth Guide: High Leverage, Either Double or Crash! Want Freedom Overnight? First, ask yourself if you can withstand the brutal blow of liquidation! The market specializes in defying expectations - you think you’ve bought the dip, but there might still be 18 levels of hell; you think you’ve sold at the top, and Bitcoin may hit you with an ATH (All-Time High). Remember, trading contracts is about mindset, not technique; set your stop-loss properly, don’t wait until it’s down to zero to regret; stay calm when the market is crazy, those who FOMO are just lambs to the slaughter. The harsh truth: the money made in contracts is the money lost by others; how can you be sure that “others” aren’t you? As expected, Bitcoin dipped multiple times to test the 93500 level last night but didn’t break down; instead, it formed a wave of corrective oscillation. The short positions we set up last night also gained nearly 1000 points; the strategy was announced in advance, and there were no hindsight comments. Currently, the price has retraced to around 93800.
From the technical indicators on the hourly chart, Bitcoin's current price is close to the lower Bollinger Band, situated in the oversold zone, with the lower band providing support and a chance for a rebound; in the KDJ indicator, the J value is low, and the K and D values are also approaching oversold, indicating that short pressures have been released sufficiently, with a potential for indicator recovery and rebound; in the MACD indicator, the DIF and DEA are below the zero axis, the histogram is shortening, short momentum is fading, and long momentum is accumulating. If a golden cross forms, it will support the bulls. Overall, it shows a short-term exhaustion of bears and accumulation of bulls, with prices likely to stabilize and rebound, presenting opportunities for going long, but market risks must be noted, and subsequent changes in indicators should be monitored.
Bitcoin Strategy: Go long near 93500-93000, target 95000
Ethereum Strategy: Go long near 1795-1780, target 1840
