$110,000 precise top escape! After a 10% bloodbath, is the bottom-buying signal emerging? A stunning reversal may be on the horizon in the second half of the year!
Last month, we accurately warned of the risk at $112,000 historical high — when the big coin attempted to break the previous high three times without success + the sensitive period of the monthly closing, the crash came as expected! From $111,980 to $100,372, a 10% drop verified the effectiveness of the "double top curse"
Technical Decoding:
✓ Weekly RSI touched bottom at 28 entering the oversold zone
✓ The $100,000 - $100,500 area corresponds to the golden ratio 0.618 support
✓ Initial signs of bullish divergence emerging on the 4-hour MACD
Practical Strategy:
▶ Aggressive traders can go long directly at $100,500, with a stop loss of 600 points (exit if it drops below $99,900)
▶ Conservative traders should wait for the 4-hour K-line to stabilize above $101,000 before entering, targeting $120,000 for trend trades
Ultimate Prediction:
This round of correction may be a "golden pit" washout by the main force! With the Fed's interest rate cut cycle approaching + institutions restarting coin hoarding, the big coin is expected to replicate the "squat and jump" trend of 2020 in the second half of the year, breaking through $150,000 is just a matter of time!
Current Operation Guide: Don't cut losses at the floor! Accumulate in batches at lows, waiting for the resonance of the bull market in the second half of the year — history has proven countless times that when panic sellers cut losses, it is precisely the day smart money enters!