Trump signals a "cooling" approach on the Greenland issue, market risk appetite rises, gold retreats, and the crypto market rebounds. Bitcoin's daily chart continues to operate within the 84,500-94,500 range, centered around the daily middle band. The decline starting from 97,900 has now formed two 30-minute middle bands, but the current downward cycle is at the 4-hour level, so it is highly likely that the 30-minute middle band 2 will be upgraded to a 4-hour middle band through oscillation. Today, watch for resistance around the 5-day moving average at 90,800-91,000, and support near 88,000.
In terms of trading strategy, 1: Short near the 90,700-91,000 area on rallies, with a stop loss at 91,500 and take profit at 90,000-89,000. 2: Long near 88,500-88,000 on dips, with a stop loss at 87,500 and take profit at 90,000-90,500. Follow Master Qiao for the most professional market analysis. (The above suggestions are time-sensitive and for reference and discussion only.)
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Trump signals a "cooling" approach on the Greenland issue, market risk appetite rises, gold retreats, and the crypto market rebounds. Bitcoin's daily chart continues to operate within the 84,500-94,500 range, centered around the daily middle band. The decline starting from 97,900 has now formed two 30-minute middle bands, but the current downward cycle is at the 4-hour level, so it is highly likely that the 30-minute middle band 2 will be upgraded to a 4-hour middle band through oscillation. Today, watch for resistance around the 5-day moving average at 90,800-91,000, and support near 88,000.
In terms of trading strategy, 1: Short near the 90,700-91,000 area on rallies, with a stop loss at 91,500 and take profit at 90,000-89,000. 2: Long near 88,500-88,000 on dips, with a stop loss at 87,500 and take profit at 90,000-90,500.
Follow Master Qiao for the most professional market analysis.
(The above suggestions are time-sensitive and for reference and discussion only.)