Red Sister in the Crypto Circle 10.22 (Writing time 0:34) Today's Bitcoin (BTC) latest market analysis and trading suggestions:
Bitcoin is currently priced around 113,600. The evening market has once again rebounded upwards. Red Sister mentioned yesterday that if the market rebounds a second time, we need to continue moving up. The DIF and DEA have failed to converge as expected, showing a second upward divergence. The green bars in the MACD have increased again, indicating strong bullish momentum. The K-line is approaching the 4-hour EMA200 and EMA250. The KDJ and RSI continue to rise towards oversold territory, suggesting that bullish space may continue to explore higher levels.
If the market breaks through the 4-hour EMA200 and EMA250, it may reach the middle track of the daily K-line (105,580). Red Sister advises against shorting too early; instead, consider low buying in the range of the 4-hour EMA80 and EMA60 on a pullback for safety, with defense set below the middle track. Currently, the middle track of the daily line is still in a downward trend. If the daily line fails to converge, the next round of high shorts can be planned.
Selling point sharing: Short lightly at ≥115,500, with a stop loss above 116,500. Take profit at 114,000-112,900-111,800. If it breaks below 111,000, you can continue to hold.
Buying point sharing: Buy lightly at ≤111,800, with a stop loss below 111,000. Take profit at 112,800-114,000-115,000. 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. Ensure proper risk control when entering the market, and avoid 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 ahead is 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, and do not be swayed by short-term fluctuations; look at 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. Wherever and whenever, Red Sister cheers for you and looks forward to your wonderful performance. Red Sister wishes everyone a smooth journey in the crypto circle, returning with a full load!
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