71 The 71 moving averages are holding it down and it hasn’t come back down. At the 71940 level, short-term funds churn back and forth between 71500 and 72000. Volume and momentum keep contracting—this is the bulls building strength, not distribution.
On the daily timeframe, the Bollinger middle band is still being lifted upward. The MACD histogram is shrinking but hasn’t turned green—this is a typical late-stage rising triangle pattern. On the 4-hour chart, the trapped-supply overhead above 72000 isn’t light, but support at 71000 has been tested repeatedly three times without being broken. That suggests there are strong hands stepping in.
Over here, the ceiling fan in the security booth is spinning slowly. I just used a cloth to wipe some dust off the glass of the booth, and it doesn’t affect chart watching. In terms of the raw K logic, this pullback hasn’t broken the prior low; the swing lows are rising, and the swing highs are also rising. It’s compressed to the extreme now—time to choose a direction.
For execution, I’m looking for long positions. If it pulls back into the 71500 to 71700 zone, go long directly. Set the stop-loss below 71050. The first target is 72800. If it breaks, hold; otherwise, watch for continuation toward 73600. If it breaks above 72200 directly with increased volume, you can also chase, but cut the position size in half. If it breaks below 71000, acknowledge the mistake—don’t hold out from this level with an oversized position.
$BTC
#CFTC就算力衍生品合约征求意见
On the daily timeframe, the Bollinger middle band is still being lifted upward. The MACD histogram is shrinking but hasn’t turned green—this is a typical late-stage rising triangle pattern. On the 4-hour chart, the trapped-supply overhead above 72000 isn’t light, but support at 71000 has been tested repeatedly three times without being broken. That suggests there are strong hands stepping in.
Over here, the ceiling fan in the security booth is spinning slowly. I just used a cloth to wipe some dust off the glass of the booth, and it doesn’t affect chart watching. In terms of the raw K logic, this pullback hasn’t broken the prior low; the swing lows are rising, and the swing highs are also rising. It’s compressed to the extreme now—time to choose a direction.
For execution, I’m looking for long positions. If it pulls back into the 71500 to 71700 zone, go long directly. Set the stop-loss below 71050. The first target is 72800. If it breaks, hold; otherwise, watch for continuation toward 73600. If it breaks above 72200 directly with increased volume, you can also chase, but cut the position size in half. If it breaks below 71000, acknowledge the mistake—don’t hold out from this level with an oversized position.
$BTC
#CFTC就算力衍生品合约征求意见