$BTC Bitcoin weekend strategy; currently oscillating at the lower Bollinger Band with weak rebound strength, the market in the last two days has been a fluctuation within k points, with clear resistance around 88400 above, multiple failed attempts to break higher, and higher trade volumes on bearish candles falling back, indicating a defensive stance by funds over the weekend. The MACD green bars continue, suggesting that the rebound is more of a correction rather than a trend reversal. The weekend is mainly characterized by weak oscillation, and the market maker is more likely to choose range harvesting rather than a one-sided pump, making this thought process clearer.
Short near 88600, target 600-800 points range is sufficient. Buy around 87200, target the same.
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$BTC Bitcoin weekend strategy; currently oscillating at the lower Bollinger Band with weak rebound strength, the market in the last two days has been a fluctuation within k points, with clear resistance around 88400 above, multiple failed attempts to break higher, and higher trade volumes on bearish candles falling back, indicating a defensive stance by funds over the weekend. The MACD green bars continue, suggesting that the rebound is more of a correction rather than a trend reversal. The weekend is mainly characterized by weak oscillation, and the market maker is more likely to choose range harvesting rather than a one-sided pump, making this thought process clearer.
Short near 88600, target 600-800 points range is sufficient.
Buy around 87200, target the same.