Cryptocurrency Red Sister 3.21 (Written 6.28) Latest Bitcoin (BTC) Market Analysis and Trading Recommendations Today: #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡


Bitcoin is currently trading around 70700. During the evening session, the market made a second probe and rebounded at the dual support of MA280 and EMA150 on the 4H chart. The bears' first target has ended its fight. As anticipated, the market action during Black Friday remains conservative. Currently, after the K-line broke through MA90, it continues to approach the BOLL midline and MA60 crossover position. The red column in MACD is in a continuous contraction process. DIF and DEA are approaching a second close-up and about to form a golden cross. Currently, a golden cross state has not yet formed. KDJ triple line has made a second turn upward approaching 81. RSI triple line is converging upward approaching 55, indicating that the short-term upside space is topping. Red Sister suggests that subsequent focus should be on the BOLL midline and MA60 key resistance on the 4H chart for short positioning, as the three-track system is still in a sustained downtrend state. You can consider continuing high short operations. If DIF and DEA form a golden cross with strong volume expansion, bulls should decisively exit after breaking MA30. The downside target continues to watch MA120 and the evening low point nearby; if not broken, you can enter long positions.

Today's Sell Points: ≥71300 light short, stop loss above 72300. Take profit 70500-69500. If 69000 is broken, can continue to hold;

Today's Buy Points: ≤69500 light long, stop loss below 68800. Take profit 70500-71300-72000. If 72300-72500 is broken, can continue to look higher;

Article review and push have delays. The above point suggestions are for reference only. Please control your own entry timing. Please implement risk management upon entry and do not over-leverage! Thank you for reading!
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