📈For Long Positions (Bullish Strategy):
1. Entry Point:
• Wait for a confirmed breakout above $97,732 with strong volume to confirm bullish momentum. This reduces the risk of a false breakout.
• Alternatively, if the price pulls back to $95,000 and shows signs of support (e.g., a bounce with increasing volume), consider entering a long position.
2. Target:
• First target: $100,000 (+3.2% from the current price).
• If momentum continues, look for $102,000 as a secondary target.
3. Stop Loss:
• Place a stop loss below $95,000 to protect against a deeper correction. If entering after a breakout, a stop loss below $97,000 could work.
4. Rationale:
• Large-order buying (+35.78%) and a high long-short ratio (27.5) suggest institutional accumulation and bullish sentiment.
• A break above $97,732 could trigger FOMO and drive the price toward $100,000.
📉For Short Positions (Bearish Strategy):
1. Entry Point:
• Enter a short position if BTC fails to break $97,732 and shows signs of rejection (e.g., a bearish candlestick pattern like a shooting star or declining volume on the retest).
• Alternatively, wait for a confirmed break below $95,000 to confirm bearish momentum.
2. Target:
• First target: $93,377 (24h low, -3.7% from the current price).
• If selling pressure increases, look for $92,000 as a secondary target.
3. Stop Loss:
• Place a stop loss above $97,732 to protect against a breakout. If entering after a break below $95,000, a stop loss above $96,000 could work.
4. Rationale:
• The net outflow of -1,163.59555 BTC and retail selling (-35.10%) suggest potential selling pressure.
• Failure to break resistance at $97,732, combined with a high long-short ratio, could lead to a correction as over-leveraged longs get liquidated.
Risk Management:
• Position Sizing: Given the mixed signals, keep position sizes small and use leverage cautiously. The tight bid/ask spread suggests low immediate volatility, but the high long-short ratio increases the risk of a sharp move in either direction.
