#7.5 Morning Bitcoin Strategy Analysis
From the current technical analysis perspective at the daily level, the market has seen a strong rebound towards the upper Bollinger Band due to previous bullish momentum; however, it has failed to continue its ascent due to the resistance above. Currently, the market has entered a technical correction zone, and yesterday's candlestick chart showed a significant long lower shadow, indicating that bearish forces are gradually being released.
In terms of technical indicators, the MACD fast and slow lines are showing a convergence trend above the zero axis, with the red momentum bars continuously shrinking; the RSI indicator has fallen from the overbought zone back to a neutral level around 50, and the market is undergoing a phase of adjustment. Combined with the Bollinger Band analysis, it is currently moving towards the middle line of the daily chart, with intraday rebounds being the main focus!
Bitcoin recommendation: Around 108500 for a target of 107000
Ethereum recommendation: Around 2520 for a target of 2430
Seize the profit, just one week’s time needed. If you find it difficult to judge market trends or short-term trading operations are not smooth, please pay attention to professional guidance for hands-on teaching support. #美国加征关税 #非农就业数据来袭 #币安Alpha上新 #币安钱包TGE #特朗普马斯克分歧 $BTC $ETH $XRP