XCoin Market Watch (July 1st BTC 4-hour Chart)
Crossroad horizontal jumping technique, a tug-of-war between bulls and bears, follow the winner!
1. Positioning below the middle Bollinger Band
Current Price: $107,300
Ceiling: $108,393
Floor: $106,741
Failed to hold the middle band on the upward push, unable to break the floor for support, a typical tug-of-war between bulls and bears.
2. Three moves to see through the main players' cards
MACD losing momentum: Shortening red bars + flat dual lines = Bullish momentum waning, sellers may counterattack at any time.
Selling pressure piling up: 531 BTC sell orders at 107,320 like a knife hanging over the head.
Transaction shows weakness: All retail small orders bouncing, big funds holding back, the market is scared!
3. Today's life-and-death script
Breakthrough conditions: Stabilize above the middle band at 107,567 with increased volume, strong push to the ceiling at 108,393.
Crash signal: Bearish line smashing through the floor at 106,741, looking towards the deep water area at 105,000.
Hidden danger warning: Whale transfers/regulatory raids/economic data changing face, any news can ignite the market!
Three iron rules of operation
① Never enter the market: Before stabilizing above the middle band at 107,567 with increased volume, observe more and act less, don’t get itchy hands.
② Limit orders ambush: Breakthrough 108,393, retreat and stabilize, lightly chase, break below 106,741, reduce positions on rebound.
③ Keep enough bullets: Before the main force shows its hand, keep 70% cash until the direction is clear.
Conclusion
Bulls and bears staring at each other, sideways fluctuations are the main theme.
Remember the mantra:
The middle band is the face, breaking the upper band earns a meal, smashing the floor is a life-saving escape.
Beware of midnight crowing tonight, any abnormal movement can cause a shout from the skirt!
Follow me, I'll help you get a step ahead and create an information gap with others
Focus for the day: H ARB SOL ETH