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Crypto Circle Sister Red 1.21 (Written at 1:27) Today's Bitcoin (BTC) latest market analysis and trading suggestions:
Good evening, fans. It’s been a while since Sister Red last updated, but internal students have been actively trading. As everyone knows, Sister Red has two updates with friends q, holding above 97,000 in high positions, currently realizing a 7,000-point profit! Bitcoin is now around 90,200, with a clear bearish arrangement of moving averages on the 1H chart. The current price has broken below all key moving averages EMA20, and is below EMA30 and the middle band of BOLL, forming a clear bearish suppression, indicating that short-term market sentiment is extremely bearish. MACD shows a death cross. DIF(-684) is below DEA(-622), and the histogram(-125) is negative and continues to expand, showing that downward momentum is still strengthening, with a clear bearish trend. RSI shows severe oversold conditions. RSI1=30, RSI=27, both below the 30 oversold line, but no divergence signals have appeared yet. Attention should be paid to the possibility of RSI turning around and bottoming out in extreme market conditions, so Sister Red suggests reducing positions on high positions and holding, or trying short-term long positions or waiting for high-altitude entries. The short-term resistance above is the middle band and EMA30 key area as the first resistance. On the 4H chart, EMA200, EMA60, and EMA120 serve as the second resistance levels! The key support below is around 89,100. A break below may trigger a further decline to the lows at the end of last month around 87,000 and possibly near the lower band of the daily BOLL!
Selling points: ≥91,500 light short, stop loss above 92,500. Take profit at 90,300-89,200. If broken, watch 89,000-88,500, which may lead to a retest of 87,000.
Buying points: ≤89,100 light long, stop loss below 88,500. Take profit at 90,700-91,500. If broken, look for further upward movement towards 92,000-92,500.
Article review and push may be delayed. The above suggested levels are for reference only. Please grasp the trading opportunities yourself, and ensure proper risk control when entering the market. Do not operate with heavy positions! Thank you for reading! #加密市场回调 #欧美关税风波冲击市场 #GUSD双重收益 $BTC $ETH