2024/12/28 BTC Technical Indicators and Price Fluctuation Probability Analysis
Technical Indicator Status
Relative Strength Index (RSI):
Current Value: 36.214
Interpretation: RSI below 50 indicates a weak zone, showing significant selling pressure, which may continue the downward trend in the short term.
Stochastic Indicator (STOCH):
Current Value: 97.337
Interpretation: The stochastic indicator is in the overbought zone, which may suggest a price correction in the short term.
Moving Averages (MA):
MA20: $95,725
MA50: $96,516
Interpretation: The price is below both the 20-day and 50-day moving averages, indicating a bearish trend in the short term.
Moving Average Convergence Divergence (MACD):
Interpretation: MACD shows a bearish state, positioned above its signal line, indicating strong bearish momentum, which may continue to decline in the short term.
Price Fluctuation Probability Forecast
Probability of Increase: 40%
Condition: If the price stabilizes at the support level of $94,260 and breaks through the resistance level of $97,830.
Target Price: $98,890.
Basis: If the price can hold the key support level and break the resistance level, it may trigger an upward trend.
Probability of Decrease: 60%
Condition: If the price falls below the support level of $94,260.
Target Price: $92,490, with a further target of $91,430.
Basis: Technical indicators show strong bearish momentum, and the price may further decline.
Short-term Trading Strategy
Bullish Strategy
Entry Condition: Price stabilizes at the support level of $94,260.
Operation Suggestion:
Invest 50% of funds upon the first entry.
If the price breaks through the resistance level of $97,830, add the remaining funds.
Stop Loss Point: $93,000.
Target Price:
First Target: $97,830
Second Target: $98,890
Bearish Strategy
Entry Condition: Price falls below the support level of $94,260.
Operation Suggestion:
Invest 50% of funds upon the first entry.
If the price further drops to $92,490 without rebounding, add some funds.
Stop Loss Point: $95,000.
Target Price:
First Target: $92,490
Second Target: $91,430
Long-term Investment Strategy
Recommended Layout Range: Between $92,000 and $94,000.
Execution Strategy: Enter in batches, with no single investment exceeding 5% of the portfolio.
Long-term Target Price: $100,000.
$BTC
