From the one-hour perspective, the price of Bitcoin is fluctuating and consolidating at a high of 108803, with a 24-hour fluctuation range of 106924–109422, a slight decrease of about 0.5% compared to yesterday. The overall market shows a neutral to strong trend, but short-term momentum has weakened, and trading volume has decreased, indicating that both bulls and bears are waiting for new directional signals. Currently, the one-hour Bollinger Bands show an amplitude of 580 points, and the price is near the lower band, indicating short-term downward fluctuations in the market. If the price continues to decline, the minor support level is around 105500, and if it breaks down, it may further probe the 104500 area. The MACD on the one-hour chart shows a death cross signal, with the fast line continuing to move down and the slow line moving parallel, indicating insufficient short-term momentum. The energy volume has decreased, further confirming the weakening trend of momentum. The RSI has retreated to 58 on the one-hour chart, moving away from the overbought area, showing a neutral to strong state, but has not yet entered the oversold area. From the one-hour chart, Bitcoin may continue to fluctuate downward in the short term, but the overall trend does not show serious issues. The market may be in a minor correction phase, and if the price can hold the support level around 105500, there is hope for a rebound. Bitcoin's short-term volatility is relatively large, and it is recommended to control positions to avoid excessive speculation. If the price breaks below the 105500 USD support level, it may trigger further declines, so caution is needed. In summary, the one-hour chart for Bitcoin shows weakened short-term momentum, and the price may continue to fluctuate downward, but overall market sentiment remains neutral to strong. Coin friends should closely monitor the breakout of support and resistance levels and flexibly adjust strategies. Although there are short-term correction risks, the medium- to long-term trend remains positive.
Bitcoin trading advice: Gradually build long positions around 105800–106500. Target: 108800–109500.
Stop loss: 105500.
Ethereum trading advice: Gradually build long positions around 2430–2460. Target: 2580–2620.
Stop loss: 2390.
The principle of investing in moderation. While the overall market trend is positive, one must not be blindly optimistic, nor forget the risks and chase high prices indiscriminately. Risks exist not only in bear markets but also in bull markets. If not careful, even in rising markets, losses can occur. Once an investment mistake is made, the losses can be severe.
I have long focused on mainstream cryptocurrency market analysis, sharing daily levels. The market changes rapidly, and there may be delays in posting. Strategies are time-sensitive and for reference only. Everyone should follow real-time strategies. If you are unsure about the direction or lack clarity in your thoughts, feel free to leave a message in the comment section below or follow my homepage!#美国加征关税