Is the rebound of #BTC行情分析 a false move? The direction will be revealed soon!
From the 4-hour chart, BTC is still operating within a clear downward channel, and the current price is oscillating around the middle line, with weak rebound and low volume.
Upper resistance level: 119500-120000 (upper channel line)
Lower support level: around 115000 (lower channel line)
RSI golden cross indicates a potential small rebound in the short term
MACD is approaching a death cross, and the trend direction is still unclear
Trading volume is moderate, not supporting a strong upward attack.
Current strategy still suggests: primarily short positions, with some long positions as a supplement
Aggressive short entry: 118800~119200
Stop loss level: above 120500
Target levels: 116500, 115000
Do not easily go long before breaking through the upper channel line! This is the simplest yet most overlooked rule in trend trading, with a risk-reward ratio of 1:3.7, offering significant profit potential, small stop loss for large space.
The next direction is about to emerge, stay calm, and don't lose your rhythm in the oscillation.
If you have questions or want to see more graphic logic, feel free to communicate. The market updates daily.