BTC Trend Analysis and Trading Recommendations for Today

前天

The BTC market continues its sideways-down trend, with notably insufficient rebound momentum during the session. Although there were brief signs of stabilization in the early trading, bearish forces continued to exert pressure during the European session, and the index showed a staircase decline.

From the 4-hour chart analysis, the price once fell to touch the middle Bollinger Band support during the Asian session, followed by a technical rebound. However, the rebound strength was obviously weak, encountering strong resistance near the middle band. The current candlestick pattern presents a typical Dark Cloud Cover, the MACD indicator continues to release volume below the zero axis, with fast and slow lines in bearish alignment.

Technically, the price remains significantly pressured near the middle band, and the US session is likely to extend the existing downtrend. Investors are advised to maintain a bearish stance. If the price effectively breaks below the middle band support, the next target is targeted at the lower Bollinger Band. Strategically, fading rallies remains the preferred approach.

BTCUSD
sell@106500-106000
tp:105000-104000

前天

交易進行

The current price has entered our take-profit range. You can choose to reduce positions or close out positions to lock in profits.

前天

交易結束：目標達成

As expected, Bitcoin has ushered in the anticipated pullback. We strictly implemented the preset strategy, decisively entered short positions at the high and held them patiently, eventually capturing the pullback trend accurately and reaping profits of over 2,000 points. If you feel confused about choosing entry points for trading, you are welcome to refer to my strategy system.