Crypto Circle Red Sister 6.25: Today's Bitcoin (BTC) Latest Market Analysis and Trading Suggestions! #加密市场反弹 #鲍威尔半年度货币政策证词 #BTC #BTC走势分析 #BTC🔥🔥🔥🔥🔥 $BTC
Bitcoin fluctuates around the price of 106,000. In the 4-hour cycle, the price shows a trend of oscillating upward, and market sentiment is relatively strong. However, some short-term indicators have entered the overbought zone, so caution is needed for potential pullback risks. Once it breaks through the previous high point of 108,953 on the 17th, it may open up further upside space; if it cannot effectively break through, there is a possibility of oscillating consolidation or pullback. Red Sister believes we are currently in a short-term oscillating upward phase and suggests considering building long positions on dips below the middle track support of 103,000. At the current position, chasing highs is not recommended, and a doji star warns of potential pullback risks; in BOLL, the K-line breaks through the middle track and approaches the upper track, while the Bollinger Bands are upwardly tilted, indicating a strong trend, and it is necessary to observe whether it can break through the upper track and the high point on the 17th; in MACD, the DIF line crosses above the DEA forming a golden cross signal, with significant growth in bullish momentum represented by red bars, suggesting a bullish outlook in the short term, with a recommendation to focus on long positions on pullbacks; in RSI, short-term parameters are close to the overbought zone, and under strong conditions, attention should be paid to pullback risks, with an overall strong trend. In KDJ, the K, D, and J lines diverge at high levels, indicating active buying, and attention should be paid to signs of weakening at high levels.
Crypto Circle Red Sister 6.25 (Writing time 6:30) BTC Market Analysis and Trading Suggestions:
Sell point: ≥107,500 short, stop loss at 109,000; take profit at 106,000-104,700-103,000; if it breaks down below the key support of 102,500-102,000, you can continue to hold;
Buy point: ≤103,000 long, stop loss below 102,000; take profit at 105,000-106,500-107,500; if it breaks above 108,000, pay attention to the strength of the upward movement and volume status, and if it directly breaks the high point of the 17th, you can continue to hold.