$BTC 《Market Analysis》

Weekly: Bollinger lower band support and Bollinger squeeze phase, KDJ at the bottom reversing, MACD dead cross above, trading volume decreasing for both longs and shorts.

The reversal of KDJ and the upward movement of the Bollinger lower band indicate a rising bottom in the market, while the dead cross on MACD and decreasing volume for both longs and shorts suggest pressure above. Combined with the Bollinger squeeze, this indicator analysis suggests a price action similar to the range of 80000-108000 from July to September 2024, until MACD forms a golden cross and enters a bull market.

Daily: MACD has multiple golden and dead crosses below with both lines moving up, KDJ dead cross, volume decreasing on the short side, and K-line in an alternating state of shorts and longs.

Indicators suggest: the bottom support is rising, and it is in a consolidating upward trend.

Summary: The market will not enter a bull phase at present; it is in a consolidating upward trend. Spot trading is recommended for wave trading, and contract trading should focus on high short and low long strategy, known as 'Short Probe Method', which is currently the most suitable. #大盘走势