This weekend, I lean towards a sideways correction pattern, with the core focus still on BTC.
From the current daily chart, BTC experienced a pullback after testing the previous high of $97,916. It is currently oscillating around $95,526. Although selling pressure has somewhat eased, the short-term moving average and price divergence are relatively large, and indicators like KDJ and RSI are in overbought zones. The probability of a strong rebound is low; it is more likely to use time to gain space, completing a sideways correction within the $94,000-$97,000 range, waiting for indicators to return to a reasonable zone.
Specific trading ideas
1. Long opportunities: If the price retraces to the $94,000-$94,500 range (near the MA10), and finds support, consider building a long position in batches, with a stop loss below $93,500, targeting $96,500-$97,000.
2. Short opportunities: If the price rebounds to the $96,500-$97,000 range and encounters resistance, try a small short position, with a stop loss above $97,500, targeting $95,000-$94,500.
3. Risk warning: Pay close attention to the impact of weekend US stocks and macro news. If there are sudden positive or negative surprises, the sideways pattern may be broken, and strategies should be adjusted promptly.
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#周末行情分析 #周末行情分析 BTC Strategy Sharing
This weekend, I lean towards a sideways correction pattern, with the core focus still on BTC.
From the current daily chart, BTC experienced a pullback after testing the previous high of $97,916. It is currently oscillating around $95,526. Although selling pressure has somewhat eased, the short-term moving average and price divergence are relatively large, and indicators like KDJ and RSI are in overbought zones. The probability of a strong rebound is low; it is more likely to use time to gain space, completing a sideways correction within the $94,000-$97,000 range, waiting for indicators to return to a reasonable zone.
Specific trading ideas
1. Long opportunities: If the price retraces to the $94,000-$94,500 range (near the MA10), and finds support, consider building a long position in batches, with a stop loss below $93,500, targeting $96,500-$97,000.
2. Short opportunities: If the price rebounds to the $96,500-$97,000 range and encounters resistance, try a small short position, with a stop loss above $97,500, targeting $95,000-$94,500.
3. Risk warning: Pay close attention to the impact of weekend US stocks and macro news. If there are sudden positive or negative surprises, the sideways pattern may be broken, and strategies should be adjusted promptly.