$BTC The market fluctuated again in the late night, with the K-line flying up and down, some cheering, some silent. You stare at the screen, your finger hovering over the keyboard, your heartbeat rising and falling with the price — this is the daily life of cryptocurrency traders, and our shared practice. Last night, the coin price dropped from a high point of 119320 to a low point of 116699, and is currently consolidating around 117300.

The technical indicators show that the short-term resistance is at 119300-119500, the core support is at 116600, and the secondary support is at 115000. In terms of indicators, the 4-hour RSI is at 48, indicating neutrality, the MACD has crossed down and the red momentum bars have slightly increased, and the Bollinger Bands show that the price has dropped below the middle band; if it cannot quickly recover, it may further test the lower band. In terms of K-line structure, the long upper shadow bearish candle at a high position yesterday suggests weakness in the bulls, and the current hourly chart shows a fluctuation pattern that needs to break through 117800 or fall below 116600 to confirm the direction. In the evening, be cautious of volatility risks triggered by US CPI data. The previous strategy of Yunlu successfully captured a 600-point segment profit through profit-taking on long positions and a reversal to short positions, and it is currently recommended to observe the situation of key level breakouts before deciding on further trades.

Bitcoin suggestion: In the short term, it is advisable to buy low and sell high in the range of 117000-118200, with a stop loss of 300 points; if it stabilizes above 117500 and breaks through 118200, it can be bullish to 119300, conversely, if it breaks below 116600, it will look down to 115000. #Strategy增持比特币