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Crypto Queen Sister 3.30 (Draft time 0.57 minutes) Today's Bitcoin (BTC) market analysis and trading suggestions: #成长值抽奖赢金条 #震荡行情交易策略 #比特币震荡走弱
Bitcoin is currently around 66,500. The other day, Sister Hongjie positioned for a light short above 67,000 in Bitcoin, which allowed her to catch a high short entry point and is currently holding the position. It is clear from the 1H chart that the candlesticks have not been able to break through the upper band and EMA60 double-line resistance in recent days. After facing resistance, the price has gradually narrowed. Currently, the candlesticks are below the middle Bollinger Band on the 1H chart, near the lower band. The price is facing short-term resistance from the middle Bollinger Band and multiple moving averages (EMA5-EMA30). The MACD red bars increased significantly again overnight, with DIF and DEA showing a dead cross again. The three lines of KDJ are below 50 and continue downward, RSI is turning downward with no strength, indicating a strong overall bearish sentiment. Sister Hongjie believes that the short-term market still has room to decline. Today's lower target can first be the 4H lower band support level. If the 4H chart forms another dead cross, the market may further retrace, possibly testing the lower band near the 2-day chart. Currently, there are no obvious signs of a short-term rebound, so long positions are not recommended! For those who haven't entered short positions yet, you can consider the following suggestions!
Today's selling points: ≥66,700 lightly short, stop loss above 67,500; take profit at 65,900-65,100, if it breaks below 65,000, it can continue to hold near 64,000.
Today's buying points: ≤64,000 long, stop loss below 63,200; take profit at 64,900-65,500-66,500. If it breaks above 67,100, it can continue to hold!
Please note that the article review and push may be delayed. The above levels and suggestions are for reference only. Please make your own judgment on entry and exit timing, and manage risk properly. Do not operate with heavy positions! Thank you for reading!