Bitcoin Multi-Cycle Trend Analysis and Strategy Deployment
The daily to 12-hour cycle shows that the market continues its bullish trend structure. The current volatility is in a consolidation range after the third wave of upward movement, with still existing upward momentum for the fourth wave. The mid to long-term trend remains optimistic. In terms of trading strategy, in addition to maintaining a low long position, short-term opportunities within the internal structure can be captured.
The 1-hour to 4-hour level presents a fluctuating and sticky situation. Although the major trend has not changed, the short-term upward sustainability is insufficient, aligning with the expected box fluctuation pattern. Buy and sell signals focus on the upper and lower bounds of the box and breakout segments, capturing the rhythm of high selling and low buying.
The 15 to 30-minute cycle releases short-term adjustment signals, with the moving average system gradually converging, indicating a potential pullback in the next 2-4 hours. In terms of operation, it is recommended to prioritize preventing pullback risks. After the price retraces, positions can be established based on key support levels above the 1-hour cycle for long positions.
Key reference points:
Short-term resistance area: 104737-105630 (can intervene on pullback to 1049-1042)
Short-term support area: 102444-102088 (aggressive quick in and out)
Secondary support area: 100466-99084 (quick in and out)
Medium-term support area: 95344-92620 (suitable for limit order layout)
Notes: Operate independently at each point, do not merge positions, and strictly adhere to trading discipline.
