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Cryptosphere Red Sister 3.21 (Writing time 6.28) Today's Bitcoin (BTC) Latest Market Analysis and Operation Suggestions: #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡
Bitcoin is now trading around 70700. During the evening session, the second pullback touched the MA280 and EMA150 dual-line support in the 4H chart, forming a rebound. The first target of the short sellers has ended. As expected, the Friday market trend remains conservative. Currently, the K-line is continuing upward after breaking through MA90, approaching the intersection of BOLL middle band and MA60. The MACD red column is in a continuous volume reduction process. DIF and DEA are about to form a second closure, currently not yet forming a golden cross. The KDJ three-line has turned upward for the second time, approaching 81. The RSI three-line is converging upward, approaching 55, indicating that the short-term upside space is approaching a top. Red Sister suggests focusing on the BOLL middle band and MA60 key resistance in the 4H chart for short positioning in subsequent moves, as the three-band is currently still in a downward trend. Consider continuing high-level short operations. If DIF and DEA form a golden cross with strong volume expansion, longs should decisively exit after breaking MA30. The lower target continues to watch MA120 and the evening low point; if it doesn't break, consider entering longs.
Selling Points for Today: ≥71300 light short, stop loss above 72300. Take profit 70500-69500. If breaking 69000, can continue holding.
Buying Points for Today: ≤69500 light long, stop loss below 68800. Take profit 70500-71300-72000. If breaking 72300-72500, can continue looking upward.
Article review and push have delays. The above points are for reference only. Please self-manage trading timing and entry time, do proper risk management, and avoid overleveraging! Thank you for reading!