📉 #BTC Bullish first up then down pattern, currently in a pullback, overbought reaching TP2, short-term tug-of-war intensifies
🚨 Dingding Cryptocurrency Market Analysis Daily Report 2025/05/24
According to the latest data from Binance, BTC bulls and bears are fiercely competing, with clear range oscillation, need to pay attention to false breakouts and subsequent trend directions 🔥
BTC Cycle Analysis Summary
Daily: Bullish first up then down pattern, currently in a pullback, overbought reaching TP2, stop loss can be set at 100718
4-hour: Long position trailing stop loss triggered, price falling within range, suspected false breakout, beware of bearish formation and continued testing of lower support
1-hour: Bearish first down then up pattern, has reached TP2, short position stop loss triggered, possibility of 4-hour short covering or daily long covering success
💡 Key support, resistance, and profit-taking points are clear, helping you seize trading rhythm
BTCUSDT Technical Analysis Trading Strategy
BTC Daily 1D
Trend Bullish first up then down in pullback, overbought reaching TP2
Long Position Information
Trailing Stop Loss 100718 (break below can short)
Moderate risk actively adding long Initial support 106853✅ Best 105020 Major support 103838 Last 103128 Final support 102153
Breakthrough adding long 111980
Take Profit 93905✅ 105893✅ 117882
BTC 4-hour 4H
Trend Long position trailing stop loss triggered Price falling within range Suspected false breakout
Bearish formation needs caution Subsequent testing of support is expected
Short Position Information
Stop Loss 111980 (breakthrough can long)
Short cover Initial resistance 109293 Best 110001 Last 110871 Major resistance 111450 Final resistance 111772
Breakdown chasing short 102000
Take Profit 103598 98418 93238
BTC 1-hour 1H
Trend Bearish first down then up pattern TP2 has been reached
Short position stop loss triggered Possible occurrence of 4-hour short covering or daily long covering success
Short Position Information
Trailing Stop Loss 109993 (breakthrough can long)
Short cover Major resistance 108595 Best 108773 Final resistance 109309
Breakdown chasing short 106800
Take Profit 109547✅ 108155✅ 106763