Bitcoin Technical Analysis————
On the daily chart, the previous K closed as a doji below the upper band, and on Monday, the intraday opening was strong, breaking through the upper band and stretching above 80,000, then pulling back with a pin bar. The Bollinger Bands are moving upward with the short-term moving average parallel, MACD's fast and slow lines are parallel with narrowing histogram bars, KDJ is turning downward with resistance near the 100 level, and the VR indicator is consolidating around 190.
On the four-hour chart, after breaking the upper band to reach a new high, the price did not stabilize but instead dropped sharply with consecutive downward candles. Currently, it is trading above the middle band, Bollinger Bands are narrowing and flattening, the short-term moving average is trending upward, MACD's fast and slow lines are turning downward with decreasing histogram bars, KDJ is crossing downward with support near the 0 level, and the VR indicator is consolidating around 140.
Overall, the market temporarily broke the previous high and touched above 80,000, then experienced a sharp pullback, which is in line with expectations. The short-term daily candlestick pattern still has a probability of forming a double top, so focus on resistance around 80,000. If broken, watch for 82,000; support is around 77,000. The overall idea remains unchanged: cautiously chase the rebound for new highs.
Short-term advice:
Bitcoin short-term suggestion: short at 79,500, long at 77,500 (activate strategy if profitable).
Concubine Technical Analysis——
The previously mentioned short position at 2,380 for the concubine has moved about $60 in profit. The overall technical trend on the daily and four-hour charts can be referenced to Bitcoin; short-term resistance is around 2,450, support around 2,250.
Short-term advice for the concubine: short at 2,430, long at 2,270 (activate strategy if profitable).$BTC