Bitcoin is sideways again! Will it be a violent breakthrough or a deep correction next? 4 analysts on Followin Trading Strategy Square share exclusive trading strategies

This article is machine translated
Show original

Market sentiment is tense, $BTC continues to hover in the high-level oscillation range, with multiple key technical points facing a test. Is a breakthrough imminent? Or is a pullback coming? Let's hear the views of 4 analysts on Followin Trading Strategy Square👇


🔍 @CycleStudies

"Today, the price quickly rebounded after exploring EMA21, which is a rare 'fool-proof' short-term long opportunity in the past few days. However, this does not mean the trend is established, nor can it be interpreted as a signal of a significant rise. It is just a small-scale trading point in a volatile market, and nothing more."

📌 Conclusion: Only view it as a short-term opportunity, do not over-interpret.

Source: https://followin.io/zh-Hans/feed/18465734


📈 @DaanCrypto

"$BTC is consolidating below the resistance zone. If it can break through the wedge structure, it may attack $108K. However, the current trend is still oscillating, and it is recommended to patiently wait for an effective breakthrough of $108K-$110K before considering entering the market."

📌 Conclusion: Focus on the breakthrough of the wedge structure, do not act rashly before the breakthrough.

Source: https://followin.io/zh-Hans/feed/18465925


⚠️ @CryptosLaowai

"The rally from the ceasefire news has become ineffective, and the market lacks the strength to attack upwards, currently suspected to be a 'luring long' trend. Once it breaks below the green support line, it will be a signal to add a short position, with a target price of $97K. The medium and long-term is still oscillating in the 95K-107K range."

📌 Conclusion: Cautiously bearish in the short term, consider a large short if breaking the key support.

Source: https://followin.io/zh-Hans/feed/18466677


🐵 @wukong2021

"In the short term, $BTC faces top suppression, and around 107500 is a good short position. A top candlestick appears on the 12-hour chart, and after a low-volume rise, it is likely to fall back. Consider a short-term long if it drops to 104600."

📌 Conclusion: Currently focusing on high short and low long, bearish in the short term.

https://followin.io/zh-Hans/feed/18462550


📌Summary:

  • The market remains volatile in the short term, with intense long and short battles;

  • Key resistance: $108K~$110K;

  • Without substantial breakthrough, focus on high selling and low buying strategy;

  • Risks remain, operate cautiously and manage positions well.

Do you think this is a false move or a true breakthrough? Welcome to discuss in the comments!

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
2
Add to Favorites
Comments