$BTC During the May Day holiday, the current price is 95009 and the air force has entered, with a stop loss of 800 points, aiming for a target of about 1300 points. The probability of a breakthrough in this daily line trend is quite high, but the short position still needs to be held.
On the daily line, the RSI is oversold, but the sideways movement has lasted too long. The current RSI can be viewed as a strong bullish signal rather than oversold. Although the MACD has been decreasing in volume, it remains in a healthy state. The risk lies in the 92700 level; if it breaks down without recovery, the probability of a further decline greatly increases.
On the short-term four-hour level, the MACD is still in a bearish continuation, the RSI is close to oversold, but the JDK is in a golden cross bullish state. The sideways movement continues, and the timing for a breakout depends on when the MACD crosses golden again. The operation remains to short above 95000 and go long below 93000. Long positions can be left to run profitably, but short positions must definitely take profit (be mindful of position size, for example, if my capital is 100u, I will only use 20u for a single trade, and I will not exceed two positions at the same time. Hedging counts as one position).