midday btc analysis

Short-term trend structure
Support and resistance levels:
Key support: 116,300 (Bollinger Band lower bound) → 115,250 (EMA30) → 112,900 (Fibonacci 0.786).
Resistance above: 119,800 (intraday high) → 120,000 (psychological level) → 121,000 (bearish defense line).
Shape Signal:
The 4-hour K-line has formed an "M head" structure, breaking below the previous low of 116,600, indicating a clear short trend.
The Bollinger Bands have narrowed to an extreme range (upper band at 120,000, lower band at 116,300), indicating that a new trend is about to emerge.
Short-term trading:
Long position: Enter at 116,500-115,500 after stabilization, stop loss at 114,500, target at 118,500-119,500.
Short position: 119,800-120,500 under pressure for shorting, stop loss at 121,000, target at 117,500-116,000 (quick surge scenario).
Medium to long-term layout:
Investment interval: $100,000 - $115,000 (strong weekly support), target $150,000+, stop loss $95,000.
Position Management: ≤20% of total assets, prioritize allocating to ETFs or staking combinations (e.g., Coinbase staking APY 5-7%) #美联储利率决议 #加密总市值破4万亿美元