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Sunday Bitcoin Mistress
Short-term volatility leans bearish; technical rebounds are limited to light positions for speculative trading
Weekend Market Review: Bitcoin's daily cycle has experienced a continuous decline, with K-line bodies narrowing over the past two trading days, indicating a phased stabilization signal. However, the bearish dominant pattern in the trend structure has not undergone a fundamental reversal. On the hourly chart, the price fluctuates within a narrow range around the key midpoint of 90500, with the battle between bulls and bears temporarily in equilibrium.
Deep technical analysis: The MACD indicator has formed a low-level golden cross below the zero line, signaling a short-term technical rebound. However, the moving average system still exhibits a typical bearish arrangement, with significant resistance above. This indicates that the short-term rebound is essentially a technical correction after an oversold condition, while the medium to long-term trend remains in a bearish channel.
Operational strategy: Strictly adhere to the principle of light positions for trial and error. Rely on the support around 90500 to participate lightly in the rebound, with stop-losses anchored at the lower boundary of the oscillation range to achieve precise risk management. When the price rebounds to the resistance zone and faces downward pressure, consider positioning for a wave of short positions. Avoid blindly bottom-fishing without proper risk controls.
Specific operational suggestions:
Bitcoin; Entry zone: around 90800-91500, build short positions in batches
Target: 89800-88500
Mistress: around 3100-3130, short, target points: 3070-3040