$BTC now 1040, 24-hour drop 0.13%, key signals:
1. Bulls are relatively strong: the price has consistently been below the MA60 moving average (104,436), and the intraday movement shows a stepwise decline, with 15-minute candles continuously closing in the red.
2. Weak volume: 24h trading volume is only 385 million USDC, with insufficient buying pressure, and the depth chart shows selling pressure accumulating above 104.5k.
3. Extreme indicators: Technical indicators are all showing a downward trend (the -180% six-month drop suggests a deeply bearish market structure).
Recommendation (contrarian approach): Stop loss at 103,500, target 104,500 for a breakthrough to add positions. If the volume breaks below 103k, then switch to a bearish position.
Reason: The probability of a short-term oversold rebound is greater than a trend reversal, but strict adherence to stop loss is necessary — the risk of a spike is extremely high when market liquidity is exhausted.
Volatility is only 0.6%, advisable to maintain a light position #BTC #波段交易策略