7.6 Cryptocurrency Mr. Coin: Bitcoin (BTC) Market Analysis Reference

Intraday Bitcoin maintains high-level consolidation, with short-term trends being relatively stagnant, offering few opportunities. Yesterday, Bitcoin did not break upward; it faced resistance and retraced near the 108360 position. Although it bounced off the 107800 line, the overall trend continues the range consolidation from yesterday. Currently, the price is running around the 108000 position, with the range slightly compressed.

On the daily chart, yesterday's price closed with a positive candle, but the market did not break upward. Both bulls and bears are gradually becoming entangled. The current price is testing the five-day attack line, and the overall trend continues the fluctuation pattern from yesterday. Currently, the indicators in the auxiliary chart are flattening, indicating that the expected intraday oscillation market will continue for a while.

On the short-term hourly chart, the Bollinger Bands are parallel and moving forward, with prices oscillating around the middle band. Market sentiment has once again entered a sluggish state, and so far, the price fluctuation range is only about six hundred points. The short-term market leans towards oscillation, and the operation positions should be high short and low long. The upper resistance is focused on 108500-109000, and the lower support is focused on 105800.

7.6 Bitcoin Short-term Reference:

Lower testing entry point 109500-108500, defend 111500 compensation, stop loss: 500 target below 107800,

Upper testing entry point 105500-106600 long, stop loss 500, defend 104000 compensation, target above 107000,

The article is sent with a delay, and the strategy suggestions are for reference only. Market conditions change rapidly, regardless of how high the judgment on the market may be, the take profit and stop loss must be managed well, securing profits #现货与合约策略 #BTC #BTC走势分析 #ETH #非农就业数据来袭