2.19 Bitcoin Auntie Trend Analysis
First, let's review yesterday's live trading. Yesterday morning, a precise short was given at the 96800 line, dropping to a low of 93300, capturing a 3500 point range.
Bitcoin's daily K line shows three consecutive bearish candles. Yesterday closed with a bearish doji star. It is important to note that the lower band is opening upwards, indicating a potential upward movement. The MACD shows bearish momentum, KDJ is turning downwards, and RSI is also turning down, indicating that the trend remains bearish.
The coin price is fluctuating around the mid-band support. At this time, it is not advisable to directly chase shorts as there might still be a rebound. If considering going long, one should also take into account the resistance above and whether the profit potential is worth it. The intraday strategy is to first look for a rebound, then participate in high shorts!
Operational Suggestions:
Bitcoin: Short in the 96000-97000 range, target down to 94000-93000
Auntie: Short in the 2700-2750 range, target down to 2600-2550
