5.12 Chen Fei Talks Coins

The Bitcoin market has maintained a strong bullish stance at the 104000 position. On the technical side, the Bollinger Bands have begun to open up, and the market has formed two consecutive bullish candles on the lower band. The MA moving averages and the middle band are also trending upwards. The MACD shows a slow increase in red momentum. Technically, the bullish sentiment remains strong, although the current position is relatively high. Overall, the bullish trend is still very strong, and it is suggested to continue buying on dips.

Bitcoin (BTC)

Direction: Long position

Current price: 103500～103200

Take profit: 104300～104900

Stop loss: 102900

An 8-year veteran, skilled in various trading techniques, accurately identifying highs and lows, steady in execution, trading poses no issues. Everyone is welcome to exchange ideas at #BTC重返10万 .