$BTC Bitcoin has recently been oscillating around $94,000, seemingly moving upwards but with obvious resistance above:
Bottom three consecutive rising candles (Red Three Soldiers): Short-term bullish signal, but there is a flat top resistance near $95,000, caution is advised when chasing highs.
Bollinger Bands are narrowing: Volatility is decreasing, and the market may be brewing a trend change (upward or downward breakout).
Trading volume is sluggish: Most investors are in a wait-and-see mode, awaiting direction confirmation.
Hu Ge's trading suggestions:
Buy point: $93,900 (close to the recent oscillation lower bound, betting on a rebound).
Long position stop loss: If it drops below $93,400 (support fails, need to exit in time).
Sell point: $95,000 (previous high resistance level, if it meets resistance and falls back, partial profit taking can be done).
Short position stop loss: Break above $95,200 (confirming trend continuation, stop loss and wait).
Currently, there is a significant divergence between bulls and bears in the market, operating with light positions is more prudent. The TTSI indicator does not show strong bullish signals, be wary of insufficient upward momentum or news interference. It is recommended to place orders in batches and maintain flexible positions to cope with sudden fluctuations.
Want to double your account, want to enjoy big profits, want to successfully recover losses
Follow closely and seize the main upward trend of the bull market in advance!
