Bitcoin: Significant increase in demand and spot activity
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The demand for Bitcoin and spot trading activity are increasing, and the market is watching whether $110000 is the key level to break through. （Cointelegraph）
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The demand for Bitcoin and spot trading activity are increasing, and the market is watching whether $110000 is the key level to break through. （Cointelegraph）
Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408 1、 Bitcoin (Big Cake) intraday trend analysis 1. Current technical status Price breakthrough key resistance: Bitcoin has broken through $102300 and stabilized at $104700, forming an "airborne reversal signal", with clear indications of reversal on the daily and hourly lines. Key price range: Support levels: $104500-104850 (immediate support), $104200, $103500 Resistance levels: $106000-106500 (key resistance), $107500, $108300-109710 Technical indicators: The MACD fast and slow lines form a golden cross above the zero axis, and the Bollinger Bands open upwards. The RSI indicator shows a bullish divergence, indicating strong short-term momentum. 2. Short term trend prediction Upward target: If we can break through the key resistance of $106500, it will initiate a new round of upward trend, with a target in the range of $107300-108300. Retracement space: Focus on the support of $105500 for intraday retracement. If it falls below, multiple orders need to leave, and the market will turn into a second dip, with a target around $102200. Breakthrough confirmation: The price needs to remain above $106666 to confirm a complete bullish trend in the short term, otherwise it may face profit taking pressure. 3. Operational suggestions Multiple order strategy: retrace to the range of 104500-104000 and place multiple orders on dips, with a target of $106000-107500 and a stop loss of $103500. Short position strategy: Rebound to $106500-107000 and try a short position with a target of $105000-104500 and a stop loss of $107500. Key Reminder: If the price falls below $103500, be alert to short-term pullback risks and it is recommended to adjust positions in a timely manner. 2、 Ethereum (Auntie) intraday trend analysis 1. Current technical status Price breakthrough: Ethereum has broken through the key resistance level of $3650, with a intraday increase of over 6%. The current price is testing the important threshold of $3700. Key price range: Support levels: $3580-3595 (immediate support), $3500 (main support), $3450 Resistance levels: 3700-3720 USD (key resistance), 3750 USD, 3880 USD Technical indicators: The MACD indicator shows sufficient short-term action, the EMA moving average is in a bullish position, prices have stabilized on the upper Bollinger Bands, and the RSI indicator shows a bullish divergence. 2. Short term trend prediction Upward target: If it can break through the key resistance zone of 3700-3720 US dollars, it will confirm the continuation of the upward trend, and the target points to the range of 3750-3880 US dollars. Risk of pullback: The price is approaching the upper limit of the Bollinger Bands, and the RSI indicator is in the overbought area, which may lead to a short-term pullback to the support zone of $3550-3580. Key signal: The daily closing price needs to be above $3700 to trigger a temporary market trend, which is expected to approach the $4000 level; If the breakthrough fails, there is a high probability that it will fall back to the $3400 support zone. 3. Operational suggestions Multi order strategy: retrace to the $3550-3500 range and go long, target $3650-3750, stop loss $3450. Short position strategy: Rebound to $3650-3680 and try a short position with a target of $3600-3550 and a stop loss of $3720. Key Reminder: If the price falls below the support of $3500, be alert to short-term pullback risks and it is recommended to adjust positions in a timely manner; If it breaks through $3750, you may consider increasing your position and going long. Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
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