“The crypto world is like a battlefield, K-lines are the map, indicators are the compass—understanding the trend is key to seizing opportunities!”

Plain language market analysis

1. Current Situation (BTC/USDT)

Price: Currently 104,780 USDT, down 0.1% today, basically not moving, in a 'lying flat' state.

Bollinger Bands (BOLL): The price is stuck near the middle band (104,722), upper band pressure (105,857), lower band support (103,587). Simply put: Can't go up or down, waiting for a trend change!

2. MACD Indicator

The two lines of DIF and DEA are both underwater, indicating that the bears still have some advantage, but the green bars (MACD) have shortened, suggesting that the bearish strength is weakening. If the DIF line can cross above the DEA, there may be a small rebound.

3. Trading Volume

Recently, trading volume has shrunk, and the market is in a wait-and-see mood, without large funds entering the market, making it difficult for both rises and falls to sustain.

Great Sage's Opinion

“Yesterday BTC dropped from 104,000 to 103,500 and then pulled back, a typical 'long-short mutual cutting' market!”

Bullish signal: If it can stabilize at 104,722 (Bollinger upper band) tonight, it may surge to 105,800-106,500.

Bearish risk: If it breaks below 104,000, it may go down to 103,500 or even lower.

Great Sage's Judgment: The market now resembles a 'tug of war', and it is more likely to oscillate in the short term; a breakthrough requires increased volume or significant positive news.

There are always opportunities to make money, it just depends on whether you can seize this windfall. However, the premise is to learn to identify technical and news analysis as the basis for building positions. If you don't know how to identify, you can follow the Great Sage's homepage, where a brief introduction will teach you step by step!