Enough talk, let's get straight to the practical operational strategy! #美联储FOMC会议
The current price of BTC is fluctuating around 94181, showing signs of consolidation with weak rebound strength and relatively strong selling pressure.
In the short term, the price may continue to fluctuate within the consolidation area and may test the support level at 93560. If more validation signals appear, the bearish three soldiers pattern may lead to further declines.
Advice: Given the current pattern and market sentiment, investors should maintain a cautious attitude. It might be wise to wait and see, waiting for the price to break through the current consolidation range before taking action.
If the price breaks below the 93560 support, consider taking a moderate short position; if the price breaks above the 95150 resistance, consider taking a long position.
Be sure to pay attention to market trends and subsequent K-line signals.
2. Technical Analysis
K-line Pattern: The bearish three soldiers pattern indicates a potential downward trend; the solid black candle and the belt-hold line indicate strong selling pressure.
Market Trend: Overall showing a fluctuating downward trend, with recent prices in consolidation. Support and Resistance: Support is around 93560, resistance is at 95150.
3. Potential Buy and Sell Points
Buy Point: 93600 USDT (close to the previous low of 93560, likely to form support, high chance of rebound) Long Stop Loss Point: 93500 USDT (a break below the previous low of 93560 confirms a trend reversal, requires a stop loss)
Sell Point: 94333 USDT (close to the recent resistance level of 94333, carries a risk of selling pressure) Short Stop Loss Point: 94500 USDT (a breakout above 94333 resistance and approaching the previous high of 94500 indicates a continuation of the upward trend)