$BTC 1-hour line golden cross upwards, short-term long positions are fine, let's see if 95000 can effectively break through. Additionally, I found a meme, Donkey. It seems there might be a chance to come out, can be compared to Mubarak.
$BTC If we say that the past couple of days were a tug-of-war between buyers and sellers, with an unclear trend, then going long today would be very dangerous! The day before yesterday and yesterday, I mentioned that the rebound has already ended, and the opportunity to break 100,000 is not ripe yet; a major crash is still needed.
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K线教父
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Bearish
$BTC Let’s start with the conclusion: Go short. After numerous attempts over 95,000, it still hasn’t been able to effectively stabilize, and there are still some factors lacking for a push to 100,000. The K-line technical indicators are all bearish, with the 4-hour and 1-hour charts, and even the daily chart closing yesterday with a high-positioned doji candle and today showing a long upper shadow bearish candle.
$BTC Let’s start with the conclusion: Go short. After numerous attempts over 95,000, it still hasn’t been able to effectively stabilize, and there are still some factors lacking for a push to 100,000. The K-line technical indicators are all bearish, with the 4-hour and 1-hour charts, and even the daily chart closing yesterday with a high-positioned doji candle and today showing a long upper shadow bearish candle.
$BTC In the early session, it attempted to break 95000 again but was unsuccessful, likely closing with a doji candlestick, continuing to look bearish, be cautious of a potential breakout and subsequent drop.
$BTC 95000 has been unable to effectively stabilize after multiple delays. The rebound from 74000 to the current 20000 points is basically over. On a technical level, the 4-hour chart shows a death cross, and the 1-hour line has crossed zero with a death cross, so it's basically time to go short. In the broader environment, Trump wants to use financial means against Russia, increasing uncertainty.
$BTC Early opening at 8 AM, similarly selling profit positions for safety, a gradual rebound around 92800. Currently, the hourly line has a golden cross and is breaking upwards; BTC will soon break 95000 and aim for a push towards 100K.
$BTC The market experienced a surge in the early session, and there is a high probability that the daily line will close with a long lower shadow bullish candle at 8 o'clock. At 8 o'clock, there is hope for another push towards 95000, and this is a good time for a short-term long position.