1.5 Tuesday's Latest Bitcoin and Altcoin Strategies
Yesterday, after reading my senior brother's post, I understand that our approach is very clear: as long as Bitcoin does not break below 90500, we should follow the trend. It's uncertain how much this rally will bring joy or worry. Friends who are trapped can contact me for help.
From the candlestick structure, the recent overall trend shows a oscillating upward movement, with the lows rising in a stepwise manner and the highs being continuously broken. On the daily chart, the number of bullish candles is dominant, visually reflecting relatively strong buying power; however, the 4-hour cycle has already shown signs of a slight pullback, indicating increased short-term volatility.
On the technical indicators, the MACD on the daily chart remains above the zero line, with bullish momentum continuously accumulating; meanwhile, on the 4-hour cycle, the DIF and DEA lines are gradually converging and sticking together, signaling that the short-term market is approaching a critical window for direction choice. Key support levels to watch are 3080 and 90000; once these are effectively broken, follow the trend to act.
Bitcoin: 93500-94500 range, → around 90800; Altcoins: 3220-3270 range, → around 3100.
Personal opinion, for reference only, not investment or financial advice!
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1.5 Tuesday's Latest Bitcoin and Altcoin Strategies
Yesterday, after reading my senior brother's post, I understand that our approach is very clear: as long as Bitcoin does not break below 90500, we should follow the trend. It's uncertain how much this rally will bring joy or worry. Friends who are trapped can contact me for help.
From the candlestick structure, the recent overall trend shows a oscillating upward movement, with the lows rising in a stepwise manner and the highs being continuously broken. On the daily chart, the number of bullish candles is dominant, visually reflecting relatively strong buying power; however, the 4-hour cycle has already shown signs of a slight pullback, indicating increased short-term volatility.
On the technical indicators, the MACD on the daily chart remains above the zero line, with bullish momentum continuously accumulating; meanwhile, on the 4-hour cycle, the DIF and DEA lines are gradually converging and sticking together, signaling that the short-term market is approaching a critical window for direction choice. Key support levels to watch are 3080 and 90000; once these are effectively broken, follow the trend to act.
Bitcoin: 93500-94500 range, → around 90800;
Altcoins: 3220-3270 range, → around 3100.
Personal opinion, for reference only, not investment or financial advice!