The evening pancake
The evening pancake presents a high-level oscillation consolidation pattern: previously, it quickly rose from around 86000 to the 93000 line before falling back, currently repeatedly contesting around the 91000 level.
The net inflow of funds during the day reached 202 million USD, and the position scale maintained a high level of 8.254 billion, indicating a high level of market attention; although there is a lack of breakthrough momentum in the short term, the strength of the bulls is quite strong, and overall it is in a phase of oscillation digestion after rising.
On the 1-hour level, the middle track of the Bollinger Bands forms a short-term effective support, and the current price is stable above the middle track; the MACD indicator DIF crosses above DEA and the red bars continue, indicating a short-term technical bias towards the bulls. In addition, a major player has placed a buy order of 24.59 million USD, with large buy orders providing direct support for the short-term market.
Long Strategy
When the price pulls back to around 90900-91000 and shows a signal of support, lightly position long orders, with a stop loss below the 90000 integer level, the first target is 91934, and after breaking, look towards around 92500!
Short Strategy
When the price rebounds to the previous high near 91934 and meets resistance, one can lightly attempt to short, with a stop loss above 92200, targeting the range of 91200-91000; if it breaks below, it can extend to around 90500 $BTC $ETH #币安HODLer空投AT #加密市场反弹
The evening pancake presents a high-level oscillation consolidation pattern: previously, it quickly rose from around 86000 to the 93000 line before falling back, currently repeatedly contesting around the 91000 level.
The net inflow of funds during the day reached 202 million USD, and the position scale maintained a high level of 8.254 billion, indicating a high level of market attention; although there is a lack of breakthrough momentum in the short term, the strength of the bulls is quite strong, and overall it is in a phase of oscillation digestion after rising.
On the 1-hour level, the middle track of the Bollinger Bands forms a short-term effective support, and the current price is stable above the middle track; the MACD indicator DIF crosses above DEA and the red bars continue, indicating a short-term technical bias towards the bulls. In addition, a major player has placed a buy order of 24.59 million USD, with large buy orders providing direct support for the short-term market.
Long Strategy
When the price pulls back to around 90900-91000 and shows a signal of support, lightly position long orders, with a stop loss below the 90000 integer level, the first target is 91934, and after breaking, look towards around 92500!
Short Strategy
When the price rebounds to the previous high near 91934 and meets resistance, one can lightly attempt to short, with a stop loss above 92200, targeting the range of 91200-91000; if it breaks below, it can extend to around 90500 $BTC $ETH #币安HODLer空投AT #加密市场反弹
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