Crypto Queen Sister 3.5: Bitcoin may face a sharp drop after a rally! Tonight's unemployment benefits and support below the 70,000 level are critical! Today's latest Bitcoin (BTC) market analysis and trading suggestions!#加密市场上涨 #比特币创下近一月新高 #美伊局势影响 $BTC $GT



Bitcoin is currently around 72,400. This month's market continues to oscillate upward with a rebound. After spiking above 74,000 last night, a pullback was formed. Currently, on the 1H chart, the price is within the EMA7 and Bollinger middle band. The lower band is rapidly contracting and will form further support with the MA30. However, the MACD shows increasing red bars, with DIF (883) below DEA (1078), and the histogram is negative (-390), indicating a death cross and downward expansion, showing short-term bearish momentum is dominant. This suggests there is still room for further decline! RSI: Neutral to weak, with RSI1 (43) and RSI2 (59) both in the neutral to slightly bullish zone, indicating no oversold condition and signs of a rebound. This suggests limited downside momentum, and the price may return to yesterday evening's consolidation zone. The KDJ J line shows a bottoming reversal signal, with J (-15) below D (38), and K (20) at a low level, indicating short-term bearishness may be nearing an end. Sister Hongjie does not recommend chasing short positions at low levels, as oversold reversals could be strong. It is advised to wait for the short-term downtrend to complete and look for support levels to go long at the bottom!

Today’s selling points: Short at ≥73300 with a stop loss at 74300; take profit at 72500-71500. If it breaks below 71000-70000, it can continue to be held.

Today’s buying points: Long below ≤71000 with a stop loss below 70000; take profit at 71500-72400-73300. If it breaks above 74000-74300, it can continue to be held!

There may be delays in article review and push notifications. The above levels are for reference only. Please make your own judgment on entry and exit points, and ensure proper risk management. Do not operate with heavy positions! Thank you for reading!
BTC5,82%
GT4,62%
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