Crypto Circle Red Sister 6.24: Today's Bitcoin (BTC) Latest Market Analysis and Trading Suggestions! #以色列伊朗冲突 #加密市场回调 #BTC #BTC走势分析 #BTC🔥🔥🔥🔥🔥 $BTC
Bitcoin has shown signs of rebound after a recent price fluctuation and decline, but the strength and sustainability are yet to be confirmed. From the 4-hour chart, market sentiment has stabilized somewhat, and the technical indicators indicate some rebound momentum. However, several indicators are signaling overbought conditions, so caution is needed regarding the risk of a pullback. The K-line is approaching the upper band after breaking through the middle band, and both the Bollinger Bands' middle band and KDJ show that the price is in a possible consolidation phase, likely maintaining a narrow range of fluctuations in the short term.
Red Sister suggests that if the price can stabilize below the key support level of 102200, bulls may gradually enter the market, aiming for the upper band of the Bollinger Bands. If the price fails to break above the key resistance level of 103500 or falls below the support level of 102200, it is advised to focus on short positions in the short term. Remain cautious of the potential pullback from the current high overbought signals, and observe whether the bullish momentum can continue to strengthen in conjunction with the MACD indicator, while being wary of possible corrective pullback trends in the market. The RSI has broken through 50, indicating short-term rebound signs. In the BOLL, the current price is fluctuating near the middle band, with the rebound strength not very strong, while the upper band serves as the main resistance. In the KDJ, the J line is overbought at high levels, enhancing short-term rebound momentum but increasing risk, with the market rhythm leaning towards fluctuations. In the MACD, the DIF line has crossed above the DEA forming a golden cross, and the histogram has turned positive, indicating that market momentum is accumulating. Of course, the most concerning issue remains the deteriorating situation in the Middle East; if the US intervenes, it will definitely lead to a prolonged conflict. Those who understand the market will not suffer losses in this battle, as the overall market sentiment is heavily bearish now, and all short-term rebounds can be characterized as depopulating the shorts!
Crypto Circle Red Sister 6.23 (Written at 3:10) ETH Market Analysis and Trading Suggestions:
Sell Point: ≥103100 Short, Stop Loss 104000; Take Profit 102200; if it breaks below 102000, it can continue to hold around 101000; directly breaking below 100000 may temporarily delay long positions!
Buy Point: ≤101000 Long, Stop Loss 99650; Take Profit 1000-2000 points; do not be too greedy with counter-trend short positions!
The article review and push have some delays; the above points are for reference only, please grasp the timing of buying and selling on your own, and be prepared for risk control when entering the market, do not operate with heavy positions! Thank you for reading!