When you see the price of coins fluctuate like a roller coaster, don't let fear and greed take over your heart. Market fluctuations are normal; it's like an intense battle where only those who remain calm and stick to their strategies can become the final winners. Every drop could be an opportunity to accumulate; every rise should not make you blindly optimistic. Overall, this week has been pretty good. After experiencing liquidation, I have also settled quite a bit now. From the 4-hour chart view at the beginning of this week, the Bitcoin was in a relatively high position, around 12095. Subsequently, Bitcoin began to fluctuate downwards. Between the 18th and 19th, Bitcoin showed multiple fluctuations up and down at different times, eventually reaching 11817. From the MACD indicator, the DEA value is 283.06, and the MACD value is -339.89, indicating that it is currently in a weak state, and the bearish strength is increasing because the MACD value is negative and has a large absolute value. At the same time, the crossing situation of the DEA line and MACD line also shows that it may continue to maintain a downward trend in the short term.
Short Selling: If next week Bitcoin rebounds to around the EMA30 moving average, approximately around 11815, and the candlestick pattern shows that bearish strength is regaining dominance, then consider short selling. Additionally, if it fails to break through some previous minor resistance levels around 119, that would also be a short selling situation.
Long Buying: When Bitcoin drops to a certain level, for example, close to this week's relative low around 11678, and there is a clear stop-loss signal with a small bullish candlestick cross, while the MACD indicator shows that bearish strength is starting to weaken, then consider long buying.
Operation Suggestion Bitcoin Strategy: Long near 117800, target: around 119200. Second Coin Strategy: Long near 3550, target: around 3630.
