9.21$BTC Silk Road
Market Analysis
After the market surged to a high of 82099.9, it then pulled back with consecutive large bearish candles. In the short term, the bulls quickly cashed out, showing a clear correction.
Bollinger Bands: Price has retreated from near the upper band and is currently testing the Bollinger middle band. The middle band is the near-term pivot between bulls and bears. Upper band: 81393.9, lower band: 80872.3.
Moving Averages: The yellow short-term moving average has already broken below—shifting from support to resistance. The purple longer-term moving average remains upward, and the larger-period bull structure has not been fully broken.
MACD: DIF crosses below DEA, and the MACD green histogram is appearing. Short-term bearish momentum is being released. This is a pullback after a big rally, not a direct trend reversal.
#MichaelSaylor暗示增持BTC
Entry: around 81000–81200.
Yihun/“Zhisun”: 79920
First target: reach the area near the prior high at 82099, where the position is halved.
Second target: 83000–83500. If there is a breakout above the prior high with increased volume, the remaining position targets this range.
Market Analysis
After the market surged to a high of 82099.9, it then pulled back with consecutive large bearish candles. In the short term, the bulls quickly cashed out, showing a clear correction.
Bollinger Bands: Price has retreated from near the upper band and is currently testing the Bollinger middle band. The middle band is the near-term pivot between bulls and bears. Upper band: 81393.9, lower band: 80872.3.
Moving Averages: The yellow short-term moving average has already broken below—shifting from support to resistance. The purple longer-term moving average remains upward, and the larger-period bull structure has not been fully broken.
MACD: DIF crosses below DEA, and the MACD green histogram is appearing. Short-term bearish momentum is being released. This is a pullback after a big rally, not a direct trend reversal.
#MichaelSaylor暗示增持BTC
Entry: around 81000–81200.
Yihun/“Zhisun”: 79920
First target: reach the area near the prior high at 82099, where the position is halved.
Second target: 83000–83500. If there is a breakout above the prior high with increased volume, the remaining position targets this range.
