1. Moving average analysis:
EMA(7): Yellow line, short-term moving average, reflects the short-term trend.
EMA(25): Pink line, medium-term moving average, used to observe medium-term trends.
EMA(99): Purple line, long-term moving average, indicating the long-term trend.
The current price (96,849.6 USDT) has already stood above EMA (7) and EMA (25), indicating that the short-term and medium-term trends are bullish, but there is still some distance from EMA (99), and the long-term trend may still be adjusting.
2. K-line pattern:
After the lowest point (89,256.69 USDT), the price began to rebound gradually and is currently approaching the previous resistance area (102,494.6 USDT).
The current candlestick shows a certain amount of bullish strength, and it may continue to test the resistance zone.
3. Support and resistance:
Support: Around 88,390 USDT (level of EMA(99)).
Resistance: Around 102,494 USDT (previous high).
Operational advice (not investment advice):
Short-term trading: If the price can stabilize at the current level and break through resistance, consider following the trend.
Risk control: Pay attention to the support level. If the price breaks below EMA(99), it may further decline.
Long-term observation: Wait for a breakout above the long-term moving average (EMA(99)) to confirm a long-term trend reversal. This is only a personal opinion and does not constitute investment advice!#美国CPI数据即将公布 $BTC