Staring at that slowly descending K-line, your palms are slightly sweaty, aren't they? Don't panic, I'm Nan Xi, an old hand in the crypto world for many years. Today, let's not brag or make empty promises; I'll help you break down how BTC will move next in the simplest terms.
The news hides a deadly trap: U.S. CPI data is about to ignite the market.
The U.S. CPI data released tonight, if higher than expected, could strengthen the dollar and put pressure on BTC to decline; if the data is mild, the crypto market might take the opportunity to rebound. But remember—news can only accelerate the market, it won't change the trend. Overall, it is still a bearish pattern, and any rally is an opportunity for you to reposition.
Everyone has different position sizes; it’s recommended to find Nanxi, become a villager of Nanxi, synchronize entry and position building, and Nanxi will help you plan your positions and control risks!
First, look at the technicals: MACD dead cross turning into golden cross, is it a trap or a real rebound?
Currently, on the one-hour chart, the MACD yellow and white lines have slipped below the 0 axis but are quietly forming a hint of 'dead cross turning into golden cross.' What does this indicate? A small rebound may occur in the short term, but remember—the trend has not reversed. It’s like when you trip while running; getting up and taking a few steps doesn’t mean you can sprint immediately. The first pressure above is at 90500; if it can't even pass here, don’t hesitate, a rebound is just an opportunity for you to go short.
Nanxi viewpoint: It is likely to rise first and then fall.
87000 is not only the dividing line of long and short positions on the four-hour chart but also a psychological barrier. If it breaks below here, the market may accelerate downwards to look for 84000 or even 80000. But if it can stabilize at 87000, short-term trading can 'take a bite of the rebound meat' between 87000-90500. Remember the mantra: if it doesn't go up, go short; if it breaks, wait; don’t be greedy on the rebound.
If you don't know how to pick points, you can follow Nanxi, who will analyze in real-time and provide the current best entry points.
How should players respond?
If you have a heavy position: reduce your position near 90500 on the rebound, and consider re-entering when it drops to 84000.
If you are flat: small position long orders in the range of 87000-90500, with stop loss below 87000; ambush short orders near 94000, targeting 84000.
Ultimate discipline: Don’t bet on direction! If the market is unclear, observe; preserving your capital is key to surviving until the bull market.
The market is like the weather; it won't be sunny every day, nor will it rain every day. The key is to bring an umbrella—protecting against both surges and drops. If you are tired of being cut and want to learn to judge the direction yourself, find Nanxi, and together we can survive longer and earn steadily in the crypto world.#BTC $BTC
