5.15 Afternoon Bitcoin Strategy Analysis!
The morning market has gradually unfolded, with Bitcoin first rising to around 103800, followed by a decent pullback. After breaking below 103000, there is a trend of continuing to test support levels; the altcoin is following a similar trend to Bitcoin, pulling back after reaching a high of 2646.
Technical Analysis: Looking at the 4-hour chart, the moving average system continues to show a death cross downward trend, and no clear reversal signals have been observed, indicating that Bitcoin's downward momentum remains significant. It is currently in a clear downward channel, maintaining a trend of oscillating downwards. In terms of strategy, it is recommended to adopt a short-selling strategy on rebounds. After completing technical adjustments, short-selling arrangements can still be continued. The current strategy is clear: short at high points, viewing rebounds as entry opportunities.
Bitcoin Recommendation: 103000-103800🈳 Target focus on 101000-100000#币安Alpha上新 #CPI数据来袭 #山寨币交易 #ETH突破2500 #贸易战缓和 $BTC $ETH $XRP