📈 #BTC Short positions have fully covered but have not succeeded, bullish formation awaits expression, opportunities for a short squeeze to turn bullish are emerging
🚨 Dingding Cryptocurrency Market Analysis Daily Report 2025/05/16
According to the latest data from Binance, BTC is in a short-term tug-of-war between bulls and bears, and a critical turning point is approaching 🔥
BTC Cycle Analysis Summary
4-Hour Chart: Bears have fully covered but have not succeeded, need to break through the stop-loss level for covering to possibly trigger a short squeeze turning bullish
1-Hour Chart: Bullish structure is forming but has not clearly expressed itself; if it breaks through, it may drive the 4-hour chart's short squeeze to turn bullish
💡 Key entry and exit positions and risk control strategies are grasped at once, prepare for turning points
BTCUSDT Technical Analysis Trading Strategy
BTC 4-Hour Chart 4H
Trend: Bears have fully covered but have not succeeded in covering; waiting for a breakthrough in the stop-loss for a potential bullish turn
Short Position Information
Stop-loss for covering: 104977 (breakthrough may lead to long)
Final covering: 104727✅
Breakdown to chase shorts: 100718
Take profit: 97565 92464 87363
BTC 1-Hour Chart 1H
Trend: Bullish formation is underway but has not expressed itself; observe breakthroughs that may drive the 4H short squeeze to turn bullish
Long Position Information
Moving stop-loss: 102566 (breaking below may lead to shorts)
Aggressive covering: Last support 103428 Best 103291 Final 102972
Breakthrough to chase longs: 104467
Take profit: 104615 106613 108611