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From the technical perspective of the four-hour chart, the current market shows some signals worth noting. The MACD indicator indicates a contraction in volume and an increase in positions, suggesting that the balance of power between bulls and bears is undergoing subtle changes, and market funds are cautiously adjusting their layouts. At the same time, the DIF and DEA have formed a death cross at a high level, and there is a trend for this death cross to further expand, which is typically a signal that the trend may reverse and weaken.
In terms of price support, the level of 116500 below is a key support level. If this support level is effectively broken, the market price is likely to continue to decline, with the next target possibly around 113750.
Based on the above technical analysis, the trading strategy during the daytime phase should be primarily focused on short positions. However, when the price reaches key support levels, we should also flexibly consider long opportunities based on the actual situation.
Bitcoin Operation Suggestions
It is recommended to set up short positions in the range of 119000 - 119500, with a target looking towards 117000 - 116000#BTC走势分析
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Everyone has seen SOL, which has broken through to a new high for the first time and is currently hovering around 200. The support level is very clear, right between 185 and 190, with over 8 million SOL stationed in this range, equivalent to a very solid dam. Just think about breaking through; 220 is the key point. If it can break past 240-260, I estimate it won’t be able to hold back.
Trading suggestion: Go long with the first target at 205 and the second target at 210#sol板块 .
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Dot suggests laying an ambush; I personally really like this coin. Born among bulls, it fell among bears, once reaching a high of 400, and is currently at a low of 3.
Staying loyal in the low, not parting ways at the peak!! #dot
It's time to change our thinking because we are in a bull market. We always thought we could wait for a lower point to buy, so we kept waiting and missed pengu selling out, zora missing out on increasing positions, spk selling out, all because of some mindset that thinks the market can drop lower, thinking we encountered resistance levels. In the face of an epic bull market, these are trivial matters#spk
From the 4-hour chart, the current trend is generally oscillating. The previous movements were influenced by the weekly close, so we can only judge the direction; the lows of Bitcoin are continuously being refreshed.
The support level at 115600 was tested in the morning session but did not break. If it breaks down here, Bitcoin will likely drop to around 113000, so pay attention to the support levels below.
It is recommended to short near 119000, with a focus on the lower level of 116000; if it breaks and stabilizes, watch for 113000.