Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The BTC price movement is remarkable, with clear signs of market maker market stabilization. The technical indicators have also provided clear signals, making this a rare opportunity to get on board recently.



First, let's look at the technical aspects. BTC has strongly rebounded from the low point of 97959 to 99687, and both the strength and speed of the rebound reveal the market maker's intention not to let it fall deeply. More importantly, the MACD indicator has turned positive and formed a golden cross, confirming the short-term rebound trend. After such a technical signal appears, the probability of subsequent increases is quite high.

The current price is hovering around the 99600 area, which is quite favorable in terms of risk-reward ratio. My personal target is set at: firstly, looking at the recent resistance level of 102500; if it breaks through, both 104000 and 106000 are anticipated target prices. When nearing 106000, it is advisable to gradually reduce positions, as the end of a bull market is often the craziest phase, but one must also know when to take profits.

In terms of specific operational strategy, consider establishing a long position near 99600. If it retraces to the range of 99500-100000, you can appropriately add to your position. It is recommended to strictly set the stop-loss below 97800; once this support is broken, you must decisively exit the market. According to this strategy, the odds can reach about 1:5, which is quite good from a trading perspective.

Regarding leverage, if you need to use it, keeping it at 3-5 times is more stable. Too high leverage can easily get you washed out in volatile markets.

The core logic that I am optimistic about in this market wave has three points: technical bottoming out and recovery confirmation, indicator golden cross validation, and obvious market maker market stabilization actions. The combination of these three factors makes the certainty of a rebound relatively strong.

If BTC really starts to move, mainstream coins like ETH and BNB will usually follow suit. You can continue to pay attention to the overall market trends.
BTC-7.57%
ETH-10.39%
BNB-6.42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
AirdropNinjavip
· 1h ago
I've heard the market maker's Market Stabilization rhetoric too many times; let's see if we can really break 102500 this time.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)