Bitcoin's daily chart has already formed five consecutive bullish days. Currently, the top and bottom have successfully switched roles, with the previous resistance level at 91,400 now turning into support. This wave of upward movement is also unconventional; I initially thought there would be a bottoming out before a rise, but it surged directly. However, it's not a big problem.
Currently, Bitcoin has support at 97,500. During this rebound to around 97,500, it's still advisable to go short. For short-term trading, you can operate by buying low near the bottom support.
Intraday: Buy long at 91,400-92,000, target 97,500, then reverse position!
This suggestion is for reference only. Market conditions change in real-time, so specific operations should be based on my live trading. #BTC走势分析 $BTC
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BTC Daily Chart
Bitcoin's daily chart has already formed five consecutive bullish days. Currently, the top and bottom have successfully switched roles, with the previous resistance level at 91,400 now turning into support. This wave of upward movement is also unconventional; I initially thought there would be a bottoming out before a rise, but it surged directly. However, it's not a big problem.
Currently, Bitcoin has support at 97,500. During this rebound to around 97,500, it's still advisable to go short. For short-term trading, you can operate by buying low near the bottom support.
Intraday: Buy long at 91,400-92,000, target 97,500, then reverse position!
This suggestion is for reference only. Market conditions change in real-time, so specific operations should be based on my live trading. #BTC走势分析 $BTC