Analysis and Trading Reference for Bitcoin (BTC) on July 25 (Writing Time: 0:30)
The current price of Bitcoin is around 118,800. In the 4H chart, the price is overall above the EMA moving averages, showing a bullish trend. However, there has been noticeable consolidation recently, with the market at a relatively high level and low volatility. In the short term, the price is still hovering below the resistance level of 120,500, with the RSI indicating slight overbought pressure. The MACD red bars are shortening and turning into green bars, suggesting a potential need for short-term consolidation. Meanwhile, the BOLL bands are narrowing, indicating that the low volatility phase may soon end, and we need to keep an eye on whether there will be an upward breakout. As mentioned earlier, the K-line can continue to maintain a high sell and low buy operation until the 4H channel is broken! The K-line pattern of three red soldiers indicates strong short-term upward momentum, while the recent doji star suggests a possible reversal or consolidation. The short-term RSI (63.49) is close to the overbought zone, showing that buying power is dominant but still under pressure. The BOLL channel is narrowing, with prices oscillating in the upper middle band, which may lead to significant volatility. The MACD golden cross is in a weak divergence above the zero line, with the green bars showing a noticeable decrease in volume. The EMA is in a bullish arrangement, with strong support from the short-term line, indicating an overall upward trend, but there is a risk of a short-term pullback. The KDJ three lines are turning upward, and we need to pay attention to the turning point when entering the overbought zone! In summary, it is believed that the short-term bullish momentum is weak, and it is advisable to maintain a pullback-oriented strategy. If the oscillation high point is not broken, a light short position can be considered!
Buying Points: Buy at ≤117,500, with a stop loss below 117,000; take profit at 118,900-119,800; if it breaks above 120,200-120,500, it can be held for above 122,000.
Selling Points: Sell at ≥119,800, with a stop loss above 120,800; take profit at 118,500-117,500; if it breaks below 117,000, it can be held.
The article review and push may be delayed; the above points are for reference only. Please grasp the timing of buying and selling yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading!
Follow the blogger to avoid getting lost in trading. Scan to add Pionex, where daily benefits await your participation!
Thus, our journey in the cryptocurrency world begins to move towards a broader new starting point, and it is by no means an endpoint, as the road is still long and must be walked step by step! The ocean of cryptocurrency is vast and boundless, filled with opportunities and challenges. I hope you will always maintain a thirst for knowledge and a spirit of exploration in the days to come.
Remember, the cryptocurrency world is not just about numbers and charts; it is an art about humanity, decision-making, and the future. In investing, maintain rationality and calmness, do not be swayed by short-term fluctuations, and view the market with a long-term perspective. Keep learning and improving your professional skills. Knowledge in the financial field is constantly updating; only through continuous learning can you keep pace with the times and seize every opportunity. Be brave to try and innovate. Do not fear failure, as every failure is an opportunity for growth. In the world of cryptocurrency, the brave often carve out their own territory. Finally, may you all shine on the stage of cryptocurrency, realizing your value and dreams. No matter when and where, I am cheering for you, looking forward to your wonderful performance. I wish everyone a smooth journey in the cryptocurrency world, returning with a full load!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
