Crypto Queen Hongjie 3.10 (Drafted at 0:17) Today's Bitcoin (BTC) Market Analysis and Trading Suggestions: #国际油价突破100美元 #哈梅内伊之子当选伊朗领袖 #微策略再砸12.8亿美元增持BTC


Bitcoin's current price is around #$ETH 69,000. After last week's short squeeze on the big dip, Hongjie re-entered a long position below 66,100 in the early hours yesterday, gaining over 3,000 points. The low-position long attempt was perfectly executed! The intraday market has rebounded as expected. Currently, the candlestick has touched the upper band of the 4H Bollinger Bands. Hongjie suggests that those who followed can reduce positions to take profits, as the Bollinger channel still shows signs of narrowing. In the short term, the candlestick may face resistance in the EMA160-EMA200 zone, forming a high-turning point. Although DIF and DEA have just formed a golden cross, the increasing green bars on the MACD are not very strong. The J value in KDJ has reached 101, with K at 73 higher than D at 59, indicating an overbought condition. There is some risk in chasing the high. RSI1(69) and RSI2(56) are higher than RSI3(52), also showing signs of a high-level turning point, suggesting short-term downside risk. Hongjie recommends trying short positions at high levels. Support below still depends on whether the middle Bollinger Band holds. A second successful test of the EMA160-EMA200 will confirm whether the bullish trend can continue!

Today's Selling Point Suggestion: Short above 69,500 with a stop loss above 70,600; take profit at 68,600-67,600. If it breaks below 67,000, consider continuing to hold.

Today's Buying Point Suggestion: Long below 67,600 with a stop loss below 66,300; take profit at 68,600-69,500. If it breaks above 70,000-70,600, consider continuing to hold!

Article review and push notifications may be delayed. The above levels are for reference only. Please make your own judgment on entry and exit points, and ensure proper risk management. Do not operate with heavy positions! Thank you for reading!
ETH3,79%
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