In the current Bitcoin market, yesterday followed a rebound shorting strategy. Yanmei's actual operation took place in the range of 97200 - 95000, successfully capturing a profit of 2200 points, highlighting the substantial returns brought by precise strategies.
From a technical indicator perspective, on the four-hour chart, the MACD bearish energy bar is shrinking, while the KDJ indicator has formed a golden cross upwards, indicating that the short-term trend has begun a rebound. However, when switching to the daily level, the situation is different. The bears are beginning to gain momentum, and the KDJ has formed a death cross downwards, clearly showing that the bearish trend has not ended. The overall market is still under the control of bears, with only a certain rebound demand emerging in the short term. Based on the above analysis, the intraday trading strategy should focus on shorting during rebounds as the main strategy.
It is recommended to short BTC in the range of 96000 - 97000, with a target of 94000 - 92000.
Bamboo shoots: 97500
This operational strategy fully considers the comparison of bullish and bearish forces in the current market, as well as the trend indicated by technical indicators, and is expected to seize opportunities amid market fluctuations to achieve profit goals. However, it is important to strictly set stop losses to cope with market uncertainties and potential risks, ensuring the robustness and sustainability of the trades.
