📰 Update on important information in the last 24 hours
BlackRock buys 47,064 BTC worth $4.44 billion at $95K, triggering a strong price surge above $100K.
President Trump announces a new trade deal related to cryptocurrency, boosting positive market sentiment.
Standard Chartered forecasts Bitcoin could reach $120K in Q2, thanks to ETF capital flow and favorable macro policies.
The US government establishes a 'Strategic Bitcoin Reserve', reinforcing Bitcoin's position as a national asset.
📈 Multi-timeframe technical analysis
15-minute frame (15M)
Trend: Short-term increase.
RSI: Around 70, indicating overbought conditions.
MACD: The MACD line crosses above the signal line, confirming the uptrend.
Volume: Slight increase, supporting the upward trend.
1-hour frame (1H)
Trend: Strong increase
RSI: Around 65, still in the increasing zone.
MACD: Positive, continuing to support the uptrend.
Volume: Stable, showing no signs of weakness.
4-hour frame (4H)
Trend: Significant increase.
RSI: Around 68, close to the overbought zone.
MACD: Positive, confirming an uptrend.
Volume: Increasing steadily, supporting the upward momentum.
1-day frame (1D)
Trend: Long-term increase.
RSI: Around 72, in the overbought zone.
MACD: Positive, confirming long-term uptrend.
Volume: Strong increase, indicating significant market interest.
🎯 Short-term trading strategy
Spot
Buy: When the price adjusts to the range of $100,000–$101,000.
Take profit: In the range of $105,000–$107,000.
Stop loss: Below $98,000.
Futures
Long position:
Open position: When the price exceeds $103,000 with increasing volume.
Take profit: At $106,000–$108,000.
Stop loss: Below $101,000.
Short position:
Open position: When the price does not exceed $103,500 and shows signs of reversal.
Take profit: At $100,000.
Stop loss: Above $104,000.
Note: The above strategies need to be flexibly adjusted according to market fluctuations. Always use strict risk management and stay updated with the latest news to make informed trading decisions.
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