BTC Everyone Trembles! The Final Battle of Longs and Shorts Has Determined Life and Death
Dear crypto friends, how many are happy and how many are worried at midnight's #BTC ~
Let's open our eyes and take a look at this 4-hour candlestick chart: currently, the big coin is steadily sitting around 111300, and the Bollinger Bands have been stretched into a trumpet shape! But hold on to your cheers, have you noticed the RSI quietly climbing to 76.02? This signal is like a red light shining on a late-night race, doesn't it send chills down your spine?
Let's break it down:
Look at this golden moving average arrangement! The 7-period MA109942 is stepping on the 30-period MA108792, playing a stacking game, truly a bullish victory pose.
Looking at the MACD histogram, the red bar at 637.51 is shooting up to the sky, and the volume is surging as if on drugs. Is this momentum really aiming to break the previous high of 111999.79?
But don't be blinded by appearances! The KDJ's J value has jumped to 91.33, and the overbought alarm is ringing deafeningly. What’s worse — the price is about to break the upper Bollinger Band at 111225, yet the trading volume has shrunk by 30% compared to the previous high! Isn't this a classic case of “the strong bow at its end”? Just like the night before last year's crash on 519, familiar?
The key depends on two points:
Can the bulls break through 112000 with volume during the US trading session? If they break it, everyone will be happy; otherwise... hehe
The EMA7 moving average of 109942 is the last cover! If a solid bearish candle breaks through here, how many chain liquidations do you think it will trigger?
A little whisper: dare to crash down to the lower Bollinger Band at 106000? Close your eyes and buy the dip! How can you not take the profit-loss ratio of 3:1?
Do you understand now? A bull market is not a mindless charge; this tightrope walking market is most afraid of small retail investors acting as a death squad! By the way, how did you operate last night? Come on, the comment section is yours~
Usually, I share some cutting-edge information and solid strategies, feel free to come discuss ideas, let's seize this big opportunity together!
