News front:
BTC today's market analysis - professional trader's trading notes.
"BTC is now like a spring compressed to the limit - it will either rebound violently or crash; the key is the battle for the life-and-death line at 105,000!"
Key signals on the chart:
Price is stuck at a key level:
Current price is $105,010, with the Bollinger Bands middle track at 106,022 and the lower track at 105,127.
The upper level of 106,916 is strong resistance, while the lower level of 105,127 is the last defense line.
This position is like walking on a tightrope; a slight misstep could lead to a waterfall or a surge.
The MACD has hidden secrets:
DIF line at 103.3 and DEA line at 155.6 have crossed over.
However, the MACD bars at 104.6 have not significantly decreased in volume.
The bears seem ferocious, but in reality, they lack strength.
Abnormal trading volume:
1-hour trading volume at 1.76 million, 15% higher than the 5-day average.
The price, however, remains stagnant.
A typical 'main force against the tide' strategy.
Zhuque's perspective:
There are two potential developments for the future: if it breaks upward from the box, the first effective breakthrough will be 109152, followed by a pullback. If it breaks again, we can see 109572.
The second option is a downward break from the box, which will drop to the support level of 107429, and if it breaks further, we can see 106951. If you don't know the specific effective breakout points, you can follow Zhuque and pay attention to my homepage introduction; Zhuque will guide you step by step.
Latest market dynamics:
Nasdaq futures up 0.18%, BTC correlation 0.42.
On-chain monitoring has detected 3 addresses with 10,000 BTC level orders at 105,000.
Derivatives data:
Perpetual contract funding rate 0.01% (longs pay fees)
Options positions are concentrated in the range of 106,000-108,000.
Practical operational strategy:
Short-term:
Break above 105,500 with light positions for longs, target 106,300 (stop loss 1%).
Short below 105,000 with a target of 103,800.
Medium-term:
Build positions in batches within the range of 103,500-104,000.
Reduce positions upon the first touch of 108,000 above.
Risk warning:
Beware of the 'door painting market' during the US trading session.
Pay attention to the MACD bars changing from green to red signal.
USDT premium at 1.03% indicates funds are on the sidelines.
Blindly going solo will never bring opportunities; click on my profile to follow me, and I will lead you to explore tenfold potential coins! Top-tier resources!
