Crypto Circle Red Sister 9.10: The 4H death cross of Bitcoin reappears, is it a trap for shorts or a pullback opportunity? Today's Bitcoin (BTC) latest market analysis and trading suggestions!

CN
6 hours ago

Red Sister in the Crypto Circle 9.10 (Writing time 0:41) Today's Bitcoin (BTC) latest market analysis and trading suggestions:

The current price of Bitcoin is around 111,000. During the day, the price surged to the 4H upper band and EMA250 before experiencing a significant pullback. It has now broken below the middle band and is continuing to approach the lower band. The red bars in the MACD are expected to increase, but the current performance is not very strong. Attention should be paid to the volume strength after the DIF and DEA cross. In the KDJ, the J value has entered the oversold zone, with the KD values closely following. The RSI three lines are showing signs of turning near the oversold area. From the performance of the Bollinger Bands, the channel is basically maintaining a parallel position, and the downside space may be limited. A low long position can be considered at the support of the lower band, while the upper band should be monitored for three times of pressure and resistance in the EMA250 and EMA160 range before continuing to participate in shorts! From the 4H moving average arrangement, a significant pullback may be faced in the short term! Fans should be cautious when going long!

Selling point sharing: Short at ≥112,000, stop loss above 113,500; take profit at 111,300-110,000, and continue to hold if it breaks below 109,800-109,500.

Buying point sharing: Long at ≤110,000, stop loss below 109,000; take profit at 111,000-112,000-113,000; continue to hold if it breaks above 113,300-113,500.

There may be delays in article review and push notifications. 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!

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Thus, our journey in the crypto circle 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 the crypto circle 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 crypto circle 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 the crypto circle, the brave often carve out their own territory. Finally, I wish you all shine on the stage of the crypto circle, realizing your value and dreams. No matter when and where, Red Sister cheers for you and looks forward to your wonderful performance. Red Sister wishes everyone smooth sailing on the road of the crypto circle, returning with a full load!

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