2025.5.9 BTC
Currently in a high-level sideways consolidation phase, with decreasing volume. The price quickly rose from 99184 to 104305 and is now experiencing a pullback and consolidation. #QQ
Recommended long positions and operational suggestions are as follows:
- In the range of 101800–102000, a small position can be tried, with a stop loss set at 101500.
- In the range of 100800–101000, strong support, suitable for adding positions with medium/heavy weight.
- In the range of 99000–99500, this is the confirmation of a pullback after a previous high breakout, a safe buying area during extreme pullbacks.
Strategy Summary:
Currently, it is not recommended to chase highs, as the market is in a period of decreasing volume and consolidation. It is advised to wait for the price to pull back and form a double bottom confirmation before adding positions.
If the subsequent trading volume increases again and breaks above 104300, then the pullback to 103500 will be the opportunity to add positions. #1371764290
If it falls below 101000, it should be treated with caution in the short term, shifting to a sideways bearish strategy. #本周高光时刻 #BTC重返10万