1.7 Bitcoin Auntie's Morning Thoughts



The daily K arc bottom has emerged, and the 5 consecutive bullish days have indeed boosted the bulls' confidence. But don’t forget—how did this rally happen, and how was it hammered down one by one at midnight? The bulls and bears are repeatedly tugging, a typical shakeout pattern, not gentle at all.

In the early session, the rebound reached around 93500. This area has been repeatedly tested as a strong resistance zone. Multiple attempts to break through have failed to form an effective breakout, indicating heavy selling pressure above. The technicals are not friendly: MA7 and MA30 are dead-crossing downward, short-term trend remains suppressed; the rebound lacks volume, prices are rising but trading volume can't keep up, showing a very obvious volume-price divergence; Bitcoin is at a high level, with too many floating profits, and any slight disturbance causes someone to dump and run.

In one sentence: the current rebound is more like giving the bears a better entry point rather than the start of a new major rally. Until new funds enter, caution is always more important than emotions.

Personal Suggestions
Bitcoin: Enter around 93200-94000, target lower at 92000, 91500, if broken down look at 9w
Auntie: Enter around 3300, target lower at 3180, if broken look at 3060
$BTC $GT $ETH
#比特币六连涨 #美司法部抛售比特币 #预测市场争议
BTC-0.42%
GT-1.06%
ETH-1.32%
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