2.8 Zhang Lihui: Bitcoin (BTC) Market Analysis and Trading Suggestions:
Last night, after the unemployment data boosted the market to the 100,000 mark, Lihui once again positioned for a short trade above 99,800 as mentioned in the article. As it approached the third target of 95,400 but did not reach it, he chose to take profits as it rebounded near the second target of 96,500, securing a gain of 3,400 points. The bears were once again caught off guard, as many traders, seeing the positive data, chose to mindlessly chase long positions, which was clearly irrational; because there were no upward signals on the daily and weekly charts, and there was significant resistance. Lihui believes that as long as there is a short-term rebound, it presents a shorting opportunity!
On the 1-hour chart, the Bollinger Bands are still narrowing downwards. Last night, after the candlestick hit the EMA180 and EMA220, it approached the EMA300 position and formed a pullback again. This range is also the daily mid-band resistance mentioned in Lihui's article yesterday, which is why he shorted above 98,800; this morning, after the candlestick approached 95,600, it rebounded again near the mid-band, with the upper band pressing down below the EMA180 line, which can again be seen as today's high point resistance. The fast and slow lines are narrowing again, continuing to wait for a pullback to short.
On the 4-hour chart, the Bollinger Bands are in a downward oscillation channel, with the upper band continuing to press down near the EMA30 line. This can also be considered as today's high point resistance, and the defensive second short position can be placed in the EMA120 and EMA60 range. The MACD shows weak volume above the 0 axis, and the fast and slow lines are narrowing downwards again, indicating that the bearish trend may continue further.
From the daily level, the Bollinger Bands continue to open downwards, and the candlestick has been approaching the EMA80 position for several days, which is particularly critical and may be building up for a significant market movement. Currently, the upper part of the candlestick can still consider the mid-band and EMA30 range as resistance, aligning with the short-term resistance, while the lower target still focuses on whether the EMA80 can provide support. Lihui's trading suggestions for today:
At 8:33 AM Beijing time on February 8, 2025, editor Lihui suggests continuing to lightly short in the 98,000-98,600 range, with a stop loss of 500 points; reserving a second short position above the daily EMA30 at 99,600, with a stop loss of 500 points; for short-term targets, first look at 97,100-96,300-95,500, and if it breaks below 95,400-95,000, it can be held; short longs can be arranged based on real-time market changes!
There may be delays in article review and push notifications, and the market changes rapidly. Specific entry opportunities must be combined with actual trading operations, with real-time notifications as the standard. The suggested points in the article are for reference only; please set take profit and stop loss when entering, and take profits when favorable!
I, Lihui, interpret world economic news and analyze global cryptocurrency trends. During my studies in the U.S., I conducted in-depth research on BTC, ETH, LTC, DOT, EOS, BNB, SOL, and other cryptocurrencies. I welcome comments and messages from those who are not familiar with trading!
Scan the QR code below to follow the author for more daily real-time contract trading information!
This article is exclusively published by (WeChat public account: Zhang Lihui) and does not represent any official position. There may be delays in article publication and review; the above points are for reference only, and risks are borne by the reader! May we always carry humility and courage in this complex cryptocurrency world, unafraid of challenges and daring to explore. Just as one travels thousands of miles, "The road is long and has no end; I will search up and down." May we read thousands of books, keep pace with the times, and draw from the fountain of wisdom. Travel thousands of miles, experience storms, witness scenery, and gain insights into life. May you, under Lihui's guidance, receive advice, leverage strengths, and avoid weaknesses to create value together. May we always remember the baptism of the market, stay true to our original intentions, and achieve our goals. In this wave of digital currency, hold on to faith with Lihui, remain resilient, and forge ahead. May we, hand in hand, compose a brilliant future and share the joy of success. Let us gather in the dynamic world of digital currency, not waste our youth, and create brilliance together. Lihui wishes to embark on this investment journey filled with challenges and opportunities with you.
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。
