Crazy! Is $BTC's Surge Nearing a Correction? Exclusive Trading Strategy Revealed!

Current Price: $95,208.04

24-Hour High/Low: $95,213.00 / $92,800.01

RSI(6): 76.48 - Overbought Signal, Correction Imminent!

Market Dynamics:

In the short term, $BTC shows strong upward movement, but the current price is approaching a local resistance level, posing a risk of correction.

Best Entry Strategy:

Due to the market being overbought, the current buying risk is high. It is suggested to operate according to the following strategy:

Wait for a Correction:

The ideal entry point is in the range of 94,200 - 94,400.

Entry (Limit Order):

Enter near 94,300 to avoid overbought risk.

Stop Loss:

Set the stop-loss at 93,700 to ensure risk control.

Profit Targets:

First Target: $95,500

Second Target: $96,500

Summary:

Entry: $94,300 💥

Stop Loss: $93,700 ⛔

First Target: $95,500 ✅

Second Target: $96,500 🚀

Additional Tip:

If the price breaks through $95,213 with strong volume, consider trying a momentum breakout, but set a tight stop loss below the breakout point!