Bitcoin is currently in a clear downward oscillation structure on the four-hour chart. From a technical perspective, the moving average system shows a bearish arrangement, with the 5-period moving average continuously suppressing the 10-period moving average. The MACD indicator has been diverging after a death cross below the zero line, with green momentum bars continuously increasing, further confirming the continuation of the downward trend. Moreover, stimulated by fundamental news, market sentiment is highly volatile, with frequent occurrences of upward and downward spikes, leading to extremely frequent point fluctuations. This situation not only increases the difficulty of trading but also amplifies market uncertainty.
Although the downward trend is currently strong, it is worth noting that the price of Bitcoin is continuously accumulating strength while operating between the middle and lower bands of the Bollinger Bands, attempting to seek opportunities to break below the lower band. Once the price successfully breaks below the lower band, the probability of continuing the downward trend is relatively high. However, it should not be overlooked that a significant amount of buying power is concentrated near the key support level below, which will create strong resistance against the price, potentially leading to a temporary stagnation or rebound in the downward trend.
The morning trading strategy suggests directly positioning short orders in the range of 105500 - 106000. The stop loss can be set at 106500 to control risks and avoid unnecessary losses due to short-term price rebounds. The target price is aimed at 103500, where there is strong support nearby, and the price is highly likely to exhibit certain fluctuations or rebounds here. At that time, one can choose to take profit or partially take profits based on the actual market conditions. Additionally, it is crucial to closely monitor changes in fundamental news and price trends during the trading process, adjusting trading strategies in a timely manner to respond to potential market changes.
It is important to note that the Bitcoin market carries high risks and high volatility, and trading in China is not legally protected. The above content is merely a simulated market analysis and strategy example, and does not constitute any investment advice. Investment decisions should be made cautiously, and it is recommended to fully understand the relevant market risks before making a decision. #科技巨头入场稳定币 #非农就业数据来袭 #Metaplanet拟筹资增持比特币 #特朗普马斯克分歧 #美国初请失业金人数
