In terms of news, this week will see the Federal Reserve's interest rate decision, and volatility will be intense.
On the technical side, I only posted two messages in the square, both maintaining a bullish outlook!
Last night, after a rapid spike and recovery, this viewpoint was also validated!
I still maintain a bullish outlook: Bitcoin is gradually increasing on the daily chart, with support above 88000 and resistance in the 93500/95000 range. I personally have a positive outlook for the 98000 position, and a bit aggressively, aiming for 100000! Ethereum's support remains in the 3000/3050 range, with resistance at 3200. I personally have a more favorable outlook for 3450/3500!
Buying on dips is the main theme!
This is my personal opinion, for reference only, and should not be considered as investment advice! #ETH走势分析 #比特币VS代币化黄金 #比特币 #ETH
The range of 88000/85500 below Bitcoin is an important support level on the daily chart!
In the past couple of days, pay more attention to the volume. Although the KDJ has shown signs of turning up, the trading volume is still lacking!
Take note of VOL and OBV. Personally, I feel that the probability of a trend change is more likely to be upward. #比特币VS代币化黄金 #比特币
Firefly_萤火虫
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Bitcoin's trend change is imminent, bullish needs volume!
Current situation: The Bollinger Bands on the hourly chart are narrowing, OBV is flat, and the market is balanced with reduced volume. MACD has a golden cross below zero, which is the only bullish signal in the short term.
Judgment: Leaning towards an upward test of the upper boundary at $89,900. However, the key to success lies in the trading volume. Liquidity is weak on Saturday, making it easy to have false breakouts without volume.
Key operations: Wait and see: Let the market choose its direction by itself. $BTC True breakout for going long: The price must break through the upper boundary with volume, and OBV must confirm it. Turning upwards. Be cautious about going short: If there is a high without volume followed by a drop or a significant drop breaking below the lower boundary at $88,930, then the balance is broken and it turns bearish.
Core: Patiently wait for a confirming candlestick with volume; otherwise, it’s all noise. {spot}(BTCUSDT) #加密市场观察 #比特币
Bitcoin's trend change is imminent, bullish needs volume!
Current situation: The Bollinger Bands on the hourly chart are narrowing, OBV is flat, and the market is balanced with reduced volume. MACD has a golden cross below zero, which is the only bullish signal in the short term.
Judgment: Leaning towards an upward test of the upper boundary at $89,900. However, the key to success lies in the trading volume. Liquidity is weak on Saturday, making it easy to have false breakouts without volume.
Key operations: Wait and see: Let the market choose its direction by itself. $BTC True breakout for going long: The price must break through the upper boundary with volume, and OBV must confirm it. Turning upwards. Be cautious about going short: If there is a high without volume followed by a drop or a significant drop breaking below the lower boundary at $88,930, then the balance is broken and it turns bearish.
Core: Patiently wait for a confirming candlestick with volume; otherwise, it’s all noise. #加密市场观察 #比特币