Just now I was looking at the BTC one-hour chart and noticed a key signal—the MACD yellow and white lines are slowly crossing downwards, but the death cross is about to turn into a golden cross! What does this mean? There may be a short-term rebound, but the overall direction is still dangerous. How will it move tonight? Will it surge to 90500, or will it crash to 80000?
The news quietly tells you one thing:
Tonight, data from the Eurozone and the United States will be released. If the data is bearish, BTC may be driven down directly. When trading cryptocurrencies, you need to pay attention not only to the technicals but also to the market conditions. Only when the news and technicals resonate can we find the real trading signal.
Nanxi usually reminds the circle in advance about the impact of these data, and many people avoid significant drops because of this.
I don't know how to find the points, you can follow Nanxi, who will analyze in real-time in the village and provide the current best entry points.
Is the current market a trap for bulls or a real rebound?
Look at this chart, BTC is currently fluctuating between 86600-86000. The four-hour bullish-bearish dividing line is at 87000; before it stabilizes, don’t easily say 'the bull is back.' But the MACD green bars suddenly surged, and the volume is also increasing—this indicates that someone is quietly bottom-fishing. In the short term, it may first surge to the range of 87000-90500; you can profit from the rebound, but remember: a rebound is not a reversal. If it surges to around 90500 tonight, be sure to pay attention to the pressure; that is the first short point.
Where is the pressure? Where is the support?
The two pressures above are: 90500 and 94000.
94000 is the previous high pressure, it's not so easy to break. If it really gets there, I will short directly.
What about the support below? In the short term, first look at whether 87000 can hold. If it breaks, then watch 84000.
The worst case is to find support near 80000.
Why? Because this wave of decline is not over yet, the overall trend is still bearish.
Remember Nanxi's words: find pressure during an uptrend, and find support during a downtrend. Don't do the opposite.
Nanxi's view: there is rebound momentum in the short term, but the medium trend is still controlled by bears.
Combining with RSI observing and MFI also observing, market sentiment is very hesitant.
What should you do at this time? Light positions to try long, quick in and out, set a good stop loss.
What should you do now?
If you are currently holding no positions, don’t rush to go all in.
Wait for the rebound to around 90500, you can try shorting, set a stop loss above 94000, and target 84000.
If you have coins in hand, reduce your position during the rebound, don’t be greedy.
If you are a short-term expert, you can profit from the rebound in the 87000-90500 range, but make sure to use stop losses.
Remember: you can only keep playing if you're alive.
There are no eternal gods in the crypto world, only those who keep learning. Nanxi analyzes the market daily, ambushes opportunities, and alerts risks, just to prevent you from being the one who gets cut. Tonight's trend is crucial, will it soar or dip? I will give signals in advance in the village, click to follow, and don't miss the upcoming layout. You must survive to the bull market first.
