BTC current price 72017. On the four-hour timeframe, the market has been pulling back on shrinking volume to around the 72000 integer level. Below, 71800 is the support zone that the bulls have repeatedly defended over the past three-plus days. Once this level breaks, the shorts will immediately look toward the prior low at 71200. However, on the order book, around 72000 there are clearly resting buy orders that are slowly absorbing accumulation. It’s not a panic sell-off that slams the market down; it feels more like using time to wear down liquidity and shake out floating positions.
The delivery locker outside the residential complex just beeped again—I’ll go check it a bit later. Anyway, the package won’t run away. On the daily timeframe, the MACD momentum histogram is shortening, but the fast and slow lines are still above the zero axis, and the overall structure hasn’t broken. The key now isn’t to chase shorts, but to wait for confirmation. If the four-hour close can regain and hold above 72500, it would suggest this pullback was a false dip, and the bulls will continue pushing to test the weekly resistance at 73200.
For execution, I don’t recommend setting up a trade directly at 72000—it’s pretty mediocre. Either (1) wait for a retest of 71800 that doesn’t break, then buy with a light position size; set stop-loss at 71450; first target 72550, and if broken, then look to 73200. Or (2) wait for a high-volume breakdown below 71800, then follow the trend to short; target 71200; stop-loss 72200. Don’t trade in the middle zone—be steadier. This month the security guard booth’s air-conditioner electricity bill still hasn’t been paid.
If the chart hasn’t given a clear direction yet, then use price levels to lock in risk and don’t give room to ambiguity in the range.
$BTC
#Alphabet拟购最多122亿美元Marvell股份
The delivery locker outside the residential complex just beeped again—I’ll go check it a bit later. Anyway, the package won’t run away. On the daily timeframe, the MACD momentum histogram is shortening, but the fast and slow lines are still above the zero axis, and the overall structure hasn’t broken. The key now isn’t to chase shorts, but to wait for confirmation. If the four-hour close can regain and hold above 72500, it would suggest this pullback was a false dip, and the bulls will continue pushing to test the weekly resistance at 73200.
For execution, I don’t recommend setting up a trade directly at 72000—it’s pretty mediocre. Either (1) wait for a retest of 71800 that doesn’t break, then buy with a light position size; set stop-loss at 71450; first target 72550, and if broken, then look to 73200. Or (2) wait for a high-volume breakdown below 71800, then follow the trend to short; target 71200; stop-loss 72200. Don’t trade in the middle zone—be steadier. This month the security guard booth’s air-conditioner electricity bill still hasn’t been paid.
If the chart hasn’t given a clear direction yet, then use price levels to lock in risk and don’t give room to ambiguity in the range.
$BTC
#Alphabet拟购最多122亿美元Marvell股份