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Coin Circle Liying: BTC 2-Hour Chart Strongly Stabilized! 70,000 Level Solidified, Targeting 74050 Previous High
Bitcoin is currently at 70,400, and the current market trend remains bullish. The latest 2-hour K-line is positive, with the closing price near the body's high point, accompanied by expanding trading volume. This indicates intense competition between bulls and bears, but strong buying pressure at low levels is driving price recovery. Daily line shows consecutive positive candles with trading volume maintained at high levels, confirming the continuity of the uptrend at the daily level. MACD: The 2-hour short-term pullback still maintains above the main EMA moving average, which may only be a short-term adjustment in the uptrend. The 2-hour EMA shows a bullish arrangement, confirming the trend.
Short-term Trading Strategy (Liying's Personal Instruction, Precisely Aligned with Market)
Bullish Idea: Enter in batches on pullbacks to 69,000-70,000 range, stop loss at 69,000 if key support breaks decisively, target first at 71,500-72,000, after breakout continue upside to 74,050 previous high
Bearish Idea: Only light short positions when 71,500-72,000 shows significant volume and price stagnation with indicator top divergence, stop loss at 72,500, target 69,500-69,000
Liying's Message
Market conditions change in an instant; following the trend is the way to survive in the crypto space! This powerful Bitcoin counter-attack is a gift for patient holders, and a warning to those trading against the trend. Remember: small stops for big profits, always put risk management first.
Follow Coin Circle Liying and precisely capture every market wave with us, avoid detours in the crypto space, and achieve steady profits! ⚠️
Risk Disclaimer: The above analysis is based on real-time market conditions and market data, for reference only and does not constitute investment advice. Trading risks are assumed by individual traders. #伊朗明确达成停火协议要求 $BTC