百萬Eric | Day Trader
百萬Eric | Day Trader|Aug 02, 2025 10:34
Bitcoin currently does not have a consistent trend of making money at a glance, but rather switches back and forth between fluctuating upward and downward movements. To put it more bluntly, now is not the time to "lie down and make money" - not the kind of market that is simple, foolish, and can be grasped by getting on the car with closed eyes. Let's talk about indicator signals again. Although Bitcoin has triggered a 4-hour oversold, its position is neither up nor down, making it difficult to find a stop loss level. Therefore, I temporarily choose to ignore it and prefer to look for opportunities to buy low in the 111430~111240 area. Of course, if the price stops falling and shows a clear right-hand pattern in the intraday window, I would also consider trying a small position, taking profit at the 4-hour EMA20 moving average pressure level.
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