Must-read for retail investors! Hold firm at 104,500! Cut losses if it falls below 103,500, and follow the trend if it breaks through 109,300!
The market behaves like a spring, rising high must rebound; the strength is determined by how solid the underlying support is!
The precise value of the upper Bollinger Band is 109,467.89, currently at 107,837 closely touching the high-pressure zone. A dense sell order is piled up between 108,950-109,000, requiring massive buy orders to break through, akin to a dangerous 'one-line sky'.
MACD momentum weakening:
DIF 1,166.68 | DEA 805.20, but the MACD bar has shrunk to 722.96, indicating a significant reduction in bullish momentum.
Precise support levels:
First level: 23.6% ≈ 106,000
Core fortress: 38.2% ≈ 104,500
Lifeline: 50.0% = 103,576.19
Three fires on the news front:
Whale alert: A dormant address for 3 years transferred 5,000 BTC to an exchange, direction unclear, beware of a sell-off!
Institutional support: BlackRock ETF netted $2 billion on the 18th, providing strong medium to long-term support.
Ammunition replenishment: Tether issued an additional $1 billion USDT last night, a potential reserve of buying power.
Practical strategy:
For holders: Hold firm at 104,500, stop loss if it breaks below 103,500, reject the '519-style stubborn holding'!
For those without positions/increasing positions: No chasing the rise! Only enter long on the right side if it breaks 109,300 with volume. Best buying point: Stabilizing with decreased volume near 104,500 + stop-loss K-line, setting stop-loss below 103,500.
For short sellers: Only allowed to short with very small positions at 109,000 when there is stagnation + MACD shrinking, target 106,000, stop-loss at 109,500!
Long and short are battling in the trench at 104,500 today! The whale's bullets are loaded, and ETF funds are watching closely. Will this 'spring bed' push out a new high or collapse into a deep pit?
Market anomaly alert! Like and leave a message to secure your seat, join hands to navigate through the bull and bear cycles, and precisely capture this strategic opportunity.
