Crypto Circle Red Sister 7.1: Today's Bitcoin (BTC) Latest Market Analysis and Trading Suggestions! #Strategy增持比特币 #BTC #BTC走势分析 #BTC🔥🔥🔥🔥🔥

The current price of Bitcoin is around 107200. From the 4H chart, the overall market shows characteristics of a range-bound downward trend. In the short term, the market price is expected to continue maintaining the current oscillation pattern, but due to the MACD showing bearish signals, bearish sentiment is likely to strengthen, which may lead to further testing of the support level at the lower Bollinger Band around 106600. At the same time, caution is needed for a potential pullback under the key resistance level of 108400-108900. It is suggested that those who have taken short positions above 108200 as laid out by Red Sister yesterday can take partial profits and reduce positions while strictly managing stop losses. Continue to monitor the support and breakout situation at the lower Bollinger Band around 106600, which can be viewed as a short-term support and defense point. Monitor for a clear stop-loss signal before re-entering long positions. Short-term investors can still look for high-selling opportunities within the oscillation range. The K-line pattern has recently frequently shown 'double tops' as short-term resistance signals. The current bullish market momentum is weakening, and there are no extreme oversold signals yet. There may be weak rebounds or brief consolidations in the short term, but the overall downward trend remains quite evident. The TD indicator shows that the market is in an oversold and weak oscillation range with multiple rebounds and pullbacks. The three lines of the BOLL indicator are narrowing overall, with the price currently oscillating between the middle and lower bands, and there are signals of a potential breakout below the lower band in the short term. Both KDJ and RSI are expanding downward and are about to enter the oversold zone; strong turn signals need to be defended. The death cross signal in the MACD has reappeared, with the green bars turning to red and gradually increasing, indicating an increased risk of short-term adjustments or downward movements. Combining short-term indicators, Red Sister suggests continuing to enter short positions on rebounds.

Selling Point: ≥108400 short, stop-loss at 109000; take profit at 107500-106600; breaking below 106500-106100 can continue to hold until below 105000.

Buying Point: Need to continue monitoring for strong support around the lower band at 106600 for re-entry, targets can be determined based on market conditions. If unable to break through the key resistance of 108600 and 108900 in the short term, consider reducing positions and taking profits to continue shorting. Directly breaking the top resistance zone can adjust the short position accordingly;

There may be delays in article review and push notifications. The above points are for reference only; please grasp the buying and selling timing yourself, and ensure proper risk control when entering positions. Do not operate with heavy positions! Thank you for reading! $BTC