Jiahao’s Weekly Strategy Sharing (Wednesday)
Bitcoin’s big rally yesterday surged and then pulled back, initiating a decline. The current market is in a weak consolidation and repair phase. After dropping from above 80,000, Bitcoin effectively broke below the short-term moving average on the 4-hour cycle. The prior key support at 79,000 has completed its role reversal and has now turned into strong resistance for rebounds. Prices have repeatedly tested around 79,000 and then fallen back under pressure. Rebound momentum has remained insufficient; stage highs keep stepping lower, making the weak structure very clear.
On the 4-hour chart, the MACD red histogram has continued shrinking and then flipped green. In short-term back-and-forth, the bears hold the upper hand. The Bollinger Bands are opening downward and diverging; the coin price continues to run near the lower band, and the downtrend is confirmed by technical structure. Currently, rebound volume is persistently fading. The minor upticks during the session are merely corrective activity within the broader down move and have not produced reversal signals. Stage highs keep moving lower, and the bearish structure is further strengthened.
From a trading perspective, it is not advisable to blindly bottom-pick and go long. Maintain an overall mindset of looking to short on rebounds. Wait for price to test the key resistance zone to plan short entries, and bet on downside momentum in line with the trend. At the same time, closely watch the important support below; if that support breaks, the downside space will open further.
Bitcoin: Short around 79,000. Target: 77,500. If it breaks out, keep looking lower toward 76,500.
Ethereum: Short around 2,500. Target: 2,400. If it breaks out, keep looking lower toward 2,350.
#伊朗称缴获美国无人潜艇 #比特币ETF年内仍缺10亿美元 $NVDAB $AAPLB $BTC
Bitcoin’s big rally yesterday surged and then pulled back, initiating a decline. The current market is in a weak consolidation and repair phase. After dropping from above 80,000, Bitcoin effectively broke below the short-term moving average on the 4-hour cycle. The prior key support at 79,000 has completed its role reversal and has now turned into strong resistance for rebounds. Prices have repeatedly tested around 79,000 and then fallen back under pressure. Rebound momentum has remained insufficient; stage highs keep stepping lower, making the weak structure very clear.
On the 4-hour chart, the MACD red histogram has continued shrinking and then flipped green. In short-term back-and-forth, the bears hold the upper hand. The Bollinger Bands are opening downward and diverging; the coin price continues to run near the lower band, and the downtrend is confirmed by technical structure. Currently, rebound volume is persistently fading. The minor upticks during the session are merely corrective activity within the broader down move and have not produced reversal signals. Stage highs keep moving lower, and the bearish structure is further strengthened.
From a trading perspective, it is not advisable to blindly bottom-pick and go long. Maintain an overall mindset of looking to short on rebounds. Wait for price to test the key resistance zone to plan short entries, and bet on downside momentum in line with the trend. At the same time, closely watch the important support below; if that support breaks, the downside space will open further.
Bitcoin: Short around 79,000. Target: 77,500. If it breaks out, keep looking lower toward 76,500.
Ethereum: Short around 2,500. Target: 2,400. If it breaks out, keep looking lower toward 2,350.
#伊朗称缴获美国无人潜艇 #比特币ETF年内仍缺10亿美元 $NVDAB $AAPLB $BTC
