Amidst turmoil and hesitation, real opportunities are quietly brewing. Smart money has already been quietly positioning!
From the chart, Bitcoin (BTC) is in a rising structure, with each new high and low indicating that the bulls still hold the initiative. Volatility has clearly increased, suggesting the market has entered a highly active phase, with frequent short-term trading opportunities.
Comprehensive interpretation of technical signals:
The stochastic RSI has reached a low, and a strong golden cross is about to occur, with bullish momentum building up;
The short-term MACD shows slight fatigue, but has not yet formed a death cross, indicating a possible technical pullback.
The upward trendline support is effective; if it briefly breaks, it is expected to quickly find support and rebound near the midline moving average.
Key prediction:
If a pullback occurs in the short term, Bitcoin is very likely tostabilize at the midline of the channel and rebound to challenge the upper line, challenging$96,000will be the core target for this month!
Trading insights:
Bullish believers can continue to hold positions and monitor the trendline support level;
Aggressive traders can try to add positions near the midline of the channel;
Bears, beware! Once a new round of volume increase starts, the stop-loss line will be quickly reached.
Bitcoin is not unable to rise; it is building up momentum!The trend remains healthy, volatility is opportunity, and strength is even more evident in fluctuations.
