【BTC Breaks 90,000 USD | April 22 Evening Strategy】
1. Trend Structure Analysis
Breakthrough Confirmation
Key Signal: Current price breaks above 89,000 with a strong bullish candle, stabilizing above the 90,000 psychological level. High trading volume indicates that the breakthrough is not a 'false move', with strong control by the main force. Short Squeeze: Yesterday, a standard oscillation platform was constructed around 86,000 to induce shorts, followed by a rapid rise that formed a bullish takeover zone. Continuous bullish candles without retracement accelerate the short stop-loss and push the price upwards. From the perspective of the Chande Theory: it is in the third buying initiation phase after the central area has moved up, demonstrating a 'stronger stays strong' structure, with strong trend continuity.
Key Level Analysis
Strong Support: 88,800 (previous high turning into support) 87,000-87,400 (main force accumulation platform, buy on dips) Resistance Levels: 91,200-91,500 (first target) 93,000+ (strong control extension target)
2. Strategy Suggestions (Trend is King, Buy on Dips First)
✅ Long Strategy
Entry Point: Wait for price to retrace to the 89,300-89,500 range to place long orders (reference the halfway position of the previous hour's breakthrough candlestick). Stop-loss Setting: Strictly set below 88,800 to prevent trend reversal. Target Levels: First Target: 91,200-91,500 (trend continuation signal) Second Target: 93,000+ (after strengthening control by the main force) Position Adding Logic: If the retracement does not fall below 88,800, consider adding to long positions in batches.
⚠️ Short Alternative (requires inducing long signals)
Trigger Conditions: When the price rises near 91,500: frequent false breakouts (such as multiple high spikes followed by pullbacks) with a sharp increase in volume but stagnant price resulting in a large bearish engulfing pattern Entry Point: 91,200-91,500 range, combined with a 15-minute double top reversal pattern. Stop-loss: Above 92,000, target below at 89,800 or 88,800 support.
3. Market Sentiment and Risk Control
Main Force Direction: Volume breakthrough + platform short inducement is a typical signal of completed accumulation, and it is not advisable to go against the trend during this phase. Risk Warning: If 90,000 is breached, be cautious of short-term retracement risks. Strict Discipline: Stop-loss levels must not be breached arbitrarily; maintain a bullish stance until the trend ends.
4. Summary
Keywords: Third Buy Initiation, SMC Control, Buy on Dips, Trend Continuation.
The current market structure is clear, and the main force's rhythm is evident, presenting a rare high win-rate opportunity. It is recommended to focus on the Chande Theory's third buy logic, combined with SMC order flow signals, to seize long opportunities on dips!