The cryptocurrency market is like a summer thunderstorm—just because there are dark clouds doesn't mean it will definitely rain, but those without an umbrella will panic first.

BTC Today's Trend Analysis

Technical Analysis:

  1. Revealing the life-and-death line
    The current price is like a seesaw on the edge of a cliff—118,500 is the key balance point! Breaking above 122,450 will open up space for an upward move; breaking below 116,000 may trigger a chain liquidation. Right now, both sides are pulling back and forth in this 3,000-dollar range, like bargaining in a market!

  2. The tricks in the indicators

  • The MACD red bars getting shorter indicates that the bears are getting tired, but the DIFF line is still lying below the DEA line, just like a patient whose fever has gone down but hasn't fully recovered—don't rush to bottom-fish!

  • The three RSI lines are intertwined like a twisted noodle, indicating that both bulls and bears are confused. At this time, the 50 line is the dividing line; breaking above means bulls are dominant, breaking below means bears are gaining strength.

  • The trading volume is even more mysterious! The actual transaction of 244.6 billion is 18% less than the estimated 295.7 billion, indicating that everyone is holding onto their wallets to watch the show—this kind of silence often foreshadows a big market move!

  1. Moving Average Alert
    The 5-day moving average is like a slippery loach, just slipping past the 10-day line; the short-term trend is clearly bearish. If the price continues to be pressured by the moving averages, the support level at 116,000 may not hold!

Long Ge's exclusive viewpoint:
"Right now is the banquet set by the main force!"

Bullish reversal script: must break through 118,500 with increased volume, preferably accompanied by a MACD golden cross, only then is there a possibility to surge to 122,450 and make a profit.

Bear slaughter plan: If 116,000 is breached, it will be like a dam breaking, with 113,000 filled with the 'corpses' of liquidated positions.

Key trigger: After the US market opens tonight, keep an eye on large liquidation orders and capital flow; the main force may take the opportunity to launch a surprise attack!#BTC走势分析


Bull markets are fleeting; what you lack is never opportunity, but the courage to pull the trigger! Follow Long Ge, let me lend you a hand.