Focus on whether BTC can stabilize and rebound in the coming days

From a technical perspective, BTC has been leaning towards bearish recently, with rebounds being suppressed by moving averages of different cycles above. However, there are signs of stabilization and improvement at shorter cycles. I have been suggesting to buy on dips, which has indeed led to some face-slapping moments, but from my own practical operations, doing so has not resulted in significant losses; instead, I have had some small gains. The reason is that BTC's daily market often presents good high points, especially when it surged above 96,200 yesterday. With a little attention and operation, one can continuously swap high-position long orders for low-position long orders, thus lowering the cost price of holdings and accumulating profits.

In recent days, the Nasdaq has been hitting new lows daily, without any stabilization in the chart, but BTC has not followed suit by making new lows. Particularly, ETH has been stronger in the past few days; while BTC broke new lows, ETH did not. Overall, it feels like BTC is unable to fall below the lower edge of the fluctuation range.

The market is brewing a new trend, and during this time, it is advisable to remain cautious and observe. If one really wants to enter the market, my suggestion remains to buy on dips, take profits at half, and replenish long orders at low points, continuously oscillating. I won’t specify exact points; just refer to the EMA moving averages and Bollinger Bands.

The Nasdaq is not entirely broken yet; it has already fallen near previous lows, and results will come in the next couple of days, so be patient. #比特币走势观察 $BTC