5/8$BTC Market Analysis
I. Key Price Levels
1. Resistance Zone: 99500-100000 (Psychological Barrier)
2. Breakout Target: 102500 (Previous High Resistance Level)
3. Support Below: 97700 (Current Support), 95000 (Strong Support)
II. High Short Strategy Execution Plan (Conservative)
1. Entry Timing:
- Ideal Short Area: 99300-99800 (Upper Edge of Resistance Zone)
- Confirmation Signal: Pin bar/Dusk Star + Volume Shrinkage on 4-hour Chart
2. Risk Control:
- Stop Loss Setting: 100300 (Breakout of Previous High + 0.3% Buffer)
- Position Management: No more than 5% of Capital (Assuming 20x Leverage)
3. Gradual Take Profit:
- First Target 98000 (50% Position)
- Second Target 96500 (30% Position)
- Remaining Position Gamble on 95000
III. Breakout Long Strategy (Aggressive)
1. Confirmation Conditions:
- Two consecutive 4-hour Candles closing above 100000
- Volume increasing by 30%+ compared to daily average
2. Entry Point:
- Enter when retesting 100000 does not break
3. Target Levels:
- 101800 (1.618 Fibonacci Extension)
- 102500 (Psychological Barrier)
IV. Technical Indicator Divergence Warning
- Current 4-hour RSI (14) entering 65-70 overbought zone, increasing the success rate of shorts
- When MACD shows a top divergence, consider closing long positions early
> Suggestion: The current price is in a key decision zone, it is recommended to wait for the 99500 resistance test results. If it cannot break above 99000 during the European session, consider a light short position; if there is a breakout with volume during the US session, timely strategy adjustment is necessary.
(Note: The above analysis is based on technical aspects, actual trading should consider personal risk tolerance, it is recommended to set stop loss not exceeding 2% of capital)