BTC Four-Hour Liquidation Guide
Brothers, let's get straight to the point: the current price is hovering near the upper Bollinger Band. Although the MACD shows that the bulls are temporarily in control, this position at the upper band is equivalent to a 'high-pressure line.' If Bitcoin doesn't manage to hold steady here today, it is very likely to pull back!
1. What to do if you're stuck? Three steps to follow
① Watch and wait for a breakthrough: If the price can firmly hold above the upper Bollinger Band for more than 4 hours, and even rush to around $113,000, don't rush to cut losses; wait for a rebound opportunity to get untrapped.
② Don't get too eager when averaging down: If there's a sell-off, first look at the middle Bollinger Band; this is the bulls' defense line. If it drops to this level and narrows in trading volume, you can buy a little to lower your cost, but don’t go all in! When it rebounds to near the upper band, sell in batches.
③ Be decisive for survival: If the middle band is broken, cut your position without hesitation. The lower band at $101,800 is the extreme position, but if it really drops to that point, it indicates that the trend has completely worsened, and you must cut losses and exit.
2. Insider tip reminder:
Right now, the MACD red bars look strong, but there are some signs of 'divergence' between the price and the indicators, which is like stepping on the gas but the car speed doesn't increase; it could stall at any moment.
3. One-sentence strategy:
Today, keep a close eye on the upper Bollinger Band. If it can't hold steady, prepare for a pullback scenario, and only average down at the middle band; if it breaks the middle band, directly cut losses and leave!
If you currently feel helpless and confused in trading, and want to learn more about cryptocurrency and access first-hand news, like and comment, and you won't get lost in this bull market!
