The essence of the $BTC transaction is to go with the flow—breakthrough follow-up, pressure stop profit, and reverse on break. The market is always correct, and only those who can adapt flexibly can sustain profits. After the coin price fell from the high point of 110504 to the low point of 109020, the price rebounded again to fluctuate around the integer level of 110000. The midnight Yunlu's suggestion of going long around 109300 is also based on the market's view, allowing for a space of 1000 points. Currently, the coin price has slightly retreated to around 109650 for consolidation.
The 4-hour level shows a healthy adjustment trend, with MACD maintaining a golden cross above the water but with shrinking red bars. The RSI has fallen from the overbought zone to a reasonable range of 65, and the middle track of the Bollinger Bands at 108800 constitutes strong support. Key resistance levels to watch are the neckline at 110200 and the trendline resistance at 110800, while support below looks at 109000 and the daily trendline at 108800. It is crucial to pay close attention to the early trading of US stock futures and capital flow, as a failure to break through 110200 may form a double top structure, and if it falls below the key support of 109000, it could trigger a deeper correction. It is advisable to maintain a flexible approach to cope with market fluctuations.
Big coin suggestion: Buy on a pullback in the range of 109300-109500 (stop loss at 108800), target 110200-110800; break through 110200 to chase long up to 110800; attempt shorting upon the first touch of the 110500-110800 area.
