9/4BTC‖Prince's Thoughts‖
- Key resistance above: 81100‑81300. This zone is the heavy pressure area for this round of the rally. If it can’t break through, price is likely to pull back and correct.
- Bollinger midline support: 80400. Hold this level to maintain the bullish structure; if a bearish candle closes below it, it will trigger a retracement.
- Strong support below: 79800
Market scenario
1. Hold above 81300: bullish continuation, with room to move higher
2. Tap 81100‑81300 and face pressure, then pull back: expect a test of 80400 support
3. Break below 80400: momentum turns weaker, with further downside toward 79800
Short-term outlook
Don’t chase. Prefer looking for shorts when rebounds into the resistance zone first face pressure; if price pulls back and stabilizes around 80400, then consider going long. In the current price range, it’s better to stay on the sidelines—risk/reward isn’t great.
So with that said, here are today’s strategy recommendations:
Entry: around 80400 on a pullback to go long
First take-profit: around 81300
Second take-profit: around 82000
Stop-loss: 79800
#BTC
- Key resistance above: 81100‑81300. This zone is the heavy pressure area for this round of the rally. If it can’t break through, price is likely to pull back and correct.
- Bollinger midline support: 80400. Hold this level to maintain the bullish structure; if a bearish candle closes below it, it will trigger a retracement.
- Strong support below: 79800
Market scenario
1. Hold above 81300: bullish continuation, with room to move higher
2. Tap 81100‑81300 and face pressure, then pull back: expect a test of 80400 support
3. Break below 80400: momentum turns weaker, with further downside toward 79800
Short-term outlook
Don’t chase. Prefer looking for shorts when rebounds into the resistance zone first face pressure; if price pulls back and stabilizes around 80400, then consider going long. In the current price range, it’s better to stay on the sidelines—risk/reward isn’t great.
So with that said, here are today’s strategy recommendations:
Entry: around 80400 on a pullback to go long
First take-profit: around 81300
Second take-profit: around 82000
Stop-loss: 79800
#BTC
