【BTC Morning Review】
Just opened my eyes and saw Bitcoin moving in solitude. The current market releases several key signals:
Volume and Price:
Early morning shows a typical rebound with low volume
Buying pressure is clearly insufficient
Technical Patterns: 4-hour RSI is stagnating around 60
• Bollinger Bands are continuously narrowing
Trading Strategy:
→ Ideal entry point for short positions: 94500-94700
→ Strict stop-loss setting: above 95050
→ First target: support at 93800
→ Second target: 93200 (Fibonacci key level)
Important Reminder:
‼️ Currently in a high-level oscillating market
‼️ Suggest adopting a short-term quick exit strategy
‼️ Single position should not exceed 5%
‼️ For trapped short positions, seize the opportunity to break even
(Currently, Bitcoin is building a new oscillation range between 94000-95000, waiting for direction choice)
