交易者林潇
--
Evening Operation Analysis for June 23
Although the price touched a low of 981 yesterday and closed with a long lower shadow, followed by a series of small upward candles, it appears to indicate a rebound. However, in essence, this is a technical correction after an oversold condition, not a signal of a trend reversal. The bearish trend remains evident, with 1025-103 acting as a moving average resistance. If a rebound hits this resistance, it indicates that the bearish strength is still strong. The short-term support at 9818 is the recent low and also the starting point for the oversold rebound. If it breaks down, it will likely test the previous lows of 95000 - 96000, and the bears can continue to look for further declines. However, if the price falls back to the strong support zone of 98-10, there will definitely be attempts to buy the dip, which might trigger a minor rebound. But under the overall downward trend, such rebounds are unlikely to gain momentum and are more likely to be 'small skirmishes'. The MACD dual lines continue to hover at low levels, and although the green bars have shortened, there has been no golden cross. What does this indicate? The bearish momentum has not been completely released, and the current rebound feels more like a struggle at the 'end of a strong bow'. The bullish momentum is weak, making it difficult to drive a trend reversal.
During the rebound process, the trading volume of K-line has not significantly increased, showing low willingness for capital entry. Without substantial inflows of real money, this rebound is like 'a duckweed without roots', leaning more towards a technical oversold pullback rather than a trend reversal signal; do not be fooled by small upward candles.
Short Position: If the price rebounds to around 1025-103 and shows a top divergence, decisively set up a short position, targeting first at 99-98. If it breaks down, look towards 9818. Stop-loss at 104.
Long Position: Wait for a breakout above 104, and confirm a trend reversal signal with a MACD golden cross before entering a long position. Target 1055-107. Otherwise, the current rebound may just be a 'continuation of the decline', and blindly trying to buy the dip may easily result in 'catching falling knives', leading to substantial losses. Stop-loss at 102#以色列伊朗冲突 $BTC .
Although the price touched a low of 981 yesterday and closed with a long lower shadow, followed by a series of small upward candles, it appears to indicate a rebound. However, in essence, this is a technical correction after an oversold condition, not a signal of a trend reversal. The bearish trend remains evident, with 1025-103 acting as a moving average resistance. If a rebound hits this resistance, it indicates that the bearish strength is still strong. The short-term support at 9818 is the recent low and also the starting point for the oversold rebound. If it breaks down, it will likely test the previous lows of 95000 - 96000, and the bears can continue to look for further declines. However, if the price falls back to the strong support zone of 98-10, there will definitely be attempts to buy the dip, which might trigger a minor rebound. But under the overall downward trend, such rebounds are unlikely to gain momentum and are more likely to be 'small skirmishes'. The MACD dual lines continue to hover at low levels, and although the green bars have shortened, there has been no golden cross. What does this indicate? The bearish momentum has not been completely released, and the current rebound feels more like a struggle at the 'end of a strong bow'. The bullish momentum is weak, making it difficult to drive a trend reversal.
During the rebound process, the trading volume of K-line has not significantly increased, showing low willingness for capital entry. Without substantial inflows of real money, this rebound is like 'a duckweed without roots', leaning more towards a technical oversold pullback rather than a trend reversal signal; do not be fooled by small upward candles.
Short Position: If the price rebounds to around 1025-103 and shows a top divergence, decisively set up a short position, targeting first at 99-98. If it breaks down, look towards 9818. Stop-loss at 104.
Long Position: Wait for a breakout above 104, and confirm a trend reversal signal with a MACD golden cross before entering a long position. Target 1055-107. Otherwise, the current rebound may just be a 'continuation of the decline', and blindly trying to buy the dip may easily result in 'catching falling knives', leading to substantial losses. Stop-loss at 102#以色列伊朗冲突 $BTC .
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
86
0