In the short-term hourly chart, the Bollinger Bands are opening downwards, showing a weak and volatile trend, with the mid-band pressure gradually descending. 3780 is the key resistance level in the short term.
If there is no rebound and stabilization in the short term, the trend may retract to support. The lower band gap is slightly open, with increasing space, indicating a possibility of breaking down. If broken, it could be followed up with short positions, so it is advised to proceed with caution.
For the upper side, attempt short positions at 3740—3770, targeting below 3600, with a stop loss of 30 points.
For the lower side, attempt long positions at 3580—3610, targeting above 3750, with a stop loss of 30 points.
From the hourly trend of Bitcoin, there are many lower shadows that should not be a cause for concern. The liquidity of altcoins is decreasing, and the trend is a return of funds to Bitcoin, while other altcoins have seen significant declines.
In contrast, Bitcoin, although facing noticeable selling pressure at the 120,000 mark, is overall steadily fluctuating within a range.
It is recommended to short in the 119,500 - 120,000 range, targeting below 117,000, with a stop loss of 500 points.
Consider going long in the 117,000—117,500 range, targeting above 119,000, with a stop loss of 500 points.
Intra-day 119,000 short to 117,000, with nearly 4,000 points of space to go long. Doesn't this allow you to profit from the beginning of the year to the end?
The short at 119000 and the long at 117000 has been profitable from the beginning of the year to the end. There is a 4000 point space intraday. $BTC #以太坊交易量反超比特币
The daily candlestick for futures closed with a bearish candle near 3670, the Bollinger Bands are opening upwards, but the MACD moving averages are turning downwards, and the bullish momentum continues to shrink, with the KDJ line also showing a downward trend.
On the 4-hour chart, the Bollinger Bands have turned to open downwards, the MACD moving averages continue to decline, and the bearish momentum is further released, although the KDJ line shows signs of rising. Currently, the bears are dominant, but there may be fluctuations in the short term, so caution is needed for market volatility.
For the upper range, consider opening a short position at 3700—3730, with a target below 3500 and a stop loss of 30 points.
For the lower range, consider opening a long position at 3450—3480, with a target above 3650 and a stop loss of 30 points. $ETH
The daily candlestick for Pancake closed with a bullish candle near 118700, with the Bollinger Bands continuing to rise and tighten. However, the MACD moving averages are trending downward, and bearish volume is being released, while the KDJ shows a flat trend.
On the 4-hour chart, the Bollinger Bands are flat, the MACD moving averages are turning downward, bearish volume is gradually becoming evident, and the KDJ is also trending downward. Overall, bearish strength has increased, and the subsequent market may face some pullback pressure, suggesting to short at high levels and look for a retracement!
For the upper range, test short positions at 119000—119500, with a target of 116000 and a stop loss of 500 points.
For the lower range, test long positions at 116000—116500, with a target above 119000 and a stop loss of 500 points.
The points given today for the big pie's long and short positions are all directly flying back and forth with a space of a thousand points, all stable outputs.
The current technical indicators for the two-piece show positive signals, with various metrics indicating that bullish forces are quietly accumulating. The Bollinger Bands are expanding upward, and the price is receiving strong support near the lower band at 3590, making a rebound imminent, although the expected strength is limited.
It is recommended to go long in the 3550—3580 range, targeting 3750 with a stop loss of 30 points.
Go short in the 3680—3720 range, targeting 3550 with a stop loss of 30 points.
Although Bitcoin has rebounded and formed a bullish bar, showing a trend of bottoming and recovering, this indicates that the market is accumulating breakthrough energy for the bulls. Currently, the bulls have certain room to gain momentum, and the intraday operation should adopt a strategy of buying first and selling later.
It is recommended to buy in the range of 116500—117000, with a target of 120000 and a stop loss of five hundred points. If broken, look at 121000.
Sell in the range of 119000—119500, with a target of 117000 and a stop loss of five hundred points.
The intraday market peaked at the 3870 line in the morning but retreated after failing to break through. The current price is around 3670, and the pullback has reached the 3610 support. If it does not fall below 3600 afterward, do not enter blindly.
The short-term 4-hour chart shows a pullback rhythm, with the middle track support already broken, and the rebound strength weakened. If it does not break and stabilize above 3700 resistance, there is still a risk of further pullback. Currently, the market is fluctuating within a range with no signs of a breakout, suggesting to operate with high short and low long positions.
It is recommended to go long in the 3600–3630 range, targeting 3800, with a stop loss of 30 points.
For a light short position in the 3740–3770 range, target 3600, with a stop loss of 30 points.
The intraday Bitcoin market has been steadily declining, with strong support below that has not been breached. The daily candlestick chart shows that the previous decline has turned into an upward trend and there is support present.
In the 4-hour chart, the upward momentum is gradually strengthening, with the trend breaking through key levels, but it encounters upward pressure causing the growth to slow down.
It is recommended to go long in the Bitcoin range of 117000—117500, with a target of 120000 and a stop loss of five hundred points. If the level breaks, look for 121000.
Go short in the range of 120000—120500, with a target of 118000 and a stop loss of five hundred points.