Analysis of Bitcoin Auntie's Trend

The four-hour level has reached the short-term trend resistance near 106500. It can be seen that the current V-shaped transition has reached a high point. If it cannot effectively break through the V-shaped resistance in the short term, then the short-term bullish trend will reverse.

The EMA trend indicator is contracting, and the K-line is diverging, entering an extremely overbought market in the short term. The MACD continues to expand, and the DIF and DEA are starting to push upwards towards the 0 axis. Currently, it is only in a polarization phase; the fast line has broken but the slow line has not. Additionally, the upper Bollinger Band resistance at 106800 has been continuously tested by the K-line without breaking, indicating that the upper resistance is effective. As long as the upper resistance is not broken, it is still recommended to operate with high shorts during the day!

Operation Suggestions

Bitcoin: Short in the range of 106000-107000, target down to 105000-104000

Auntie: Short in the range of 2480-2450, target down to 2400-2300