Monday Daytime Bitcoin and Altcoin Strategy

On the weekly chart, Bitcoin's previous two weeks of rebound bullish candles were retraced by a long upper wick, resulting in a series of declining candles. Currently, it is operating near the previous support zone of the real body, which is in the process of testing the momentum of the long upper wick. From the core indicators, the MACD histogram shows a stepwise decrease in the long upper wick's bearish momentum, with the fast and slow lines gradually approaching a golden cross, indicating that selling pressure is steadily diminishing. The signal of a warming long upper wick is gradually accumulating, and the mid-term downward momentum is being gradually exhausted, laying a solid foundation for a subsequent rebound.

On the daily chart, after experiencing three consecutive deep declines, Bitcoin touched the lower Bollinger Band support and triggered a technical rebound. The candlestick formed a standard small doji at the bottom, which is a sign of exhausted downward momentum. The short-term upward energy is continuously building.

Trading Strategy

Bitcoin in the 66,500-67,000 range, target 68,500, aiming for 70,000
Altcoin in the 1,980-2,020 range, target 2,080, aiming for 2,150
#成长值抽奖赢金条 #国际油价走高 #BTC能否守住6.5万美元？ #BTC #ETH