Yesterday's trading strategy accurately hit the market trend once again, validating the strength of professional analysis through actual performance, with market development highly consistent with predictions. Looking ahead, the overall market trend will first seek support downwards, entering a consolidation phase to build momentum. After reaching key support levels, a new round of upward movement is expected to begin.
Four-Hour Technical Analysis
From the four-hour candlestick chart, a large bullish candle appeared last night, creating the illusion of an upward breakout, enticing investors to chase the price. However, after the price reached the key resistance level of 106,000, it faced pressure and fell back, currently oscillating near 104,000. This trend fully exposes the current lack of upward momentum and heavy selling pressure above. To attract outside funds, the market needs to release space through a pullback, so short-term operations are advised to focus on a bearish approach, paying close attention to the loss or gain at the key psychological level of 100,000 and the strong support level of 96,000.
Trading Suggestions
Shorting Opportunity: Bitcoin currently reported at 105,300, directly laying out short positions Target Levels: Look down to the range of 101,000-100,000 Risk Warning: Market fluctuations are severe; it is recommended to set stop-losses strictly and flexibly adjust positions based on market dynamics. #BTC #ETH #MichaelSaylor暗示增持BTC #山寨季何时到来? #以太坊安全计划
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.