Red Sister in the Crypto Circle 9.25 (Writing time 0:44) Today's Bitcoin (BTC) latest market analysis and trading suggestions:
The current price of Bitcoin is around 113,600. After breaking below the previous day's low yesterday, it rebounded again. After breaking the high point of the fluctuation, it is close to the 114,000 mark under pressure. The current price is located near the middle track of the 4H channel and the EMA30 range, and it is clearly seen that the middle track is declining rapidly, which may form short-term support below the current K-line. The lower track is narrowing close to yesterday's low, indicating that the downward space is temporarily contracted. The K-line faces short-term pressure from the EMA30-60 range and many moving averages. From the MACD, the green bars are increasing in volume, and after the DIF and DEA golden cross, they have been expanding upwards. However, in the KDJ, the J line has entered the oversold zone, so caution is needed for the risk of a pullback. The RSI three lines are weakly moving upwards and have not yet entered the overbought zone. Red Sister suggests that holders of long positions can take profits in batches and exit. If the upward space is moving slowly, do not gamble! If the market fails to break above 114,000 again, you can enter the market. If it breaks through, you can enter and add positions at the 4H upper track (above 115,000).
Selling point sharing: Light short at ≥114,000, add above 115,000, stop loss above 115,500. Take profit at 113,100-112,200-111,500. If it breaks, continue to watch yesterday's low and the 4H lower track.
Buying point sharing: Light long at ≤111,500, stop loss below 110,800; take profit at 113,000-114,000-115,000; if it breaks above 115,500, you can continue to hold!
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, because the road is still long and must be walked step by step! The ocean of the crypto circle is vast and boundless, full of opportunities and challenges. I hope you will always maintain a thirst for knowledge and a spirit of exploration for the unknown in the days to come. Remember, the crypto circle is not just about numbers and charts, but also about humanity, decision-making, and the art of 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 improve your professional quality. Knowledge in the financial field is constantly updating, and only through continuous learning can you keep pace with the times and seize every opportunity. Be brave to try and innovate. Do not be afraid of 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. Wherever and whenever, 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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