BTC
Currently, Bitcoin is fluctuating in a narrow range around 114800, showing a significant range-bound oscillation. From a technical indicator perspective, neither the bulls nor the bears have clearly won.
The distance between the DIF line and the DEA line is gradually narrowing, indicating that the short-term upward trend of the market may slow down. Attention should be paid to whether the DIF line will cross below the DEA line to form a dead cross; if a dead cross forms, it could signal a reversal in the short-term trend.
Bitcoin: Long in the 113500-113000 range
Target: 1000-2500
Market conditions change rapidly; this suggestion is for reference only.
