BTC neutral oscillation period: don't panic about being bearish, seize opportunities during pullbacks! Jin Zhu will help you dissect technical and funding signals
Hello everyone! I am Jin Zhu!
Dear cryptocurrency players, today we won't talk about the vague stuff, let's get straight to the point! The current market funding rates show that altcoins are collectively bearish, but BTC and ETH have returned to a neutral range. Combining the 1-hour K-line technical analysis, Jin Zhu will help you dissect key signals and teach you how to seize pullback opportunities during fluctuations, operating steadily without panic!
Dual-track analysis of news and technicals
Funding rates hide mysteries: mainstream CEX/DEX funding rates show that altcoin long positions continue to be squeezed, while BTC and ETH funding rates return to neutral, indicating that market sentiment has shifted from extreme bearishness to cautious balance. This means that BTC will not experience a one-sided crash in the short term, but a breakthrough upward requires waiting for new incremental funds to enter.
Key technical signals:
A double bottom structure forms near the support level of $102200, combined with a moderate increase in trading volume, indicating that bulls have the willingness to support in this area.
There are large sell orders at the resistance level of $108300, and a short-term breakout requires an increase in volume; otherwise, it may form a 'false breakout' trap.
Although the yellow and white moving averages have crossed above the zero axis, the pressure from the death cross trendline is evident, currently in a fluctuating pattern of 'pressure above, support below'.
Jin Zhu's perspective:
BTC is currently fluctuating in the range of $102200-$108300. If the support level holds, you can try to go long with a light position. If the resistance level is encountered, reduce your position. The golden cross of the moving averages indicates a short-term rebound, but the death cross pressure should be cautious of a pullback. Players remember: do not chase highs, do not panic, hold the support level for a low buy, and set the stop loss below $100500 to steadily capture the waves! Specific details: Jin Zhu will analyze in real time in the village and provide the best current entry points.
The operational direction of Bitcoin holders
Short-term players: Focus on operations in the range of $102200-$105926. If the price pulls back to the support level and holds, you can try to go long with a light position, and set the stop loss below $100500; if it rebounds to around $108300 and encounters resistance, you can reduce your position in batches to lock in profits.
Medium to long-term players: Keep 50-70% of the base position unchanged, use the remaining funds to buy low and sell high near the support level, reducing position costs. Remember—do not bet on direction in a neutral market, only earn from the price differences in waves!
Seeing this, do you have a better grasp of today's market? But how to precisely grasp the specific points? When will the pullback start? Which signals are false breakouts? These details will be updated in real time in the village of Jin Zhu! We will analyze in real time in the village and provide the best current entry points!
