Daily K-line Analysis
- Price Range: Today's highest point 111900, lowest point 109000, price fluctuation range is around 2900 points. The key support level below is 105000.
- Technical Indicators: The MACD indicator shows continued top divergence, which means the upward momentum may gradually weaken, but the DIF and DEA dual lines are diverging upwards, indicating that the short-term upward trend is still in place. The upper resistance level of the Bollinger Bands is 112000, and the middle support is 103000. Currently, the price is between the upper and middle bands, close to the upper band.
- Market Status: The market is in an extremely overbought state, and a corrective trend may appear at any time.
Four-Hour Level Analysis
The Bollinger Bands are widening, with the upper resistance reference level at 112500, the middle support level at 108000, and the lower support at 103000, indicating that short-term price fluctuations tend to expand and are at a relatively high level.
Trading Suggestions
In the range of 111900-113000, the target price is initially set at 110500-109500. If this range is effectively broken down, further downside to below 108500 can be considered. Attempt to short with light positions at highs, and be sure to set stop-losses. If the price breaks below the key support level, further follow-up on short positions can be considered. $BTC #比特币突破11万美元 #BTC再创新高 #
