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BTC: Market Analysis

Bitcoin's monthly chart shows the potential to break through the previous high, with the J value providing multiple supports and the KD two values showing an upward arrangement. The key resistance level on the monthly chart is around 67800, and the price at the 6000 level will experience multiple suppressions, creating a low-level oscillation and washing out weak hands, thus achieving the purpose of suppressing the high level. Capital is always the most ruthless, raising the price and then cold-bloodedly unloading. There are no specific technical aspects to emphasize on the daily chart, and the widening of the Bollinger Bands indicates the fierceness of the bulls, while the KDJ running at high levels gives a precarious feeling. The next two months will definitely be a carnival for altcoins. Coin Brother wants to remind everyone to pay more attention to the Solana ecosystem, which currently shows signs of a certain rebound. On the four-hour chart, the price of BTC has started to retract and shrink, with signs of the Bollinger Bands contracting. The fast and slow lines have formed a death cross at high levels and are diverging downwards, and the KDJ three lines are in a bearish arrangement. Overall, the four-hour chart tends to be bearish._

BTC Trading Suggestions:

Short at the rebound of 62800-63000

Suggestions are for reference only. Make your own decisions.

Strength is not just talk on paper, nor is it boasting about profits. Strength is a meticulous plan executed rigorously. Go out with a goal, come back with results. There are no losing trades, only the inability to hold onto profitable ones. When others are making profits and you are at a loss, you might as well chat with the Coin Brother of the West. The bond starts with reading, recognition starts with adding, trust starts with experience, and profits start with following. As long as you are willing, I will not disappoint!

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