Crypto world Red Sister 11.2: BTC 4H golden cross pattern 112000 becomes the key resistance! Today's Bitcoin (BTC) latest market analysis and trading suggestions! #美联储如期降息25基点 #十月降息预测 #中美达成经贸共识 $BTC $ETH

The current price of Bitcoin is around 110400. After a prolonged period of fluctuation during the day, the market continues to rise. Currently, the market is positioned between the 1-hour MA90 and the upper band. The green histogram in the MACD is weakly expanding, while the DIF and DEA are converging to form a golden cross. The KDJ and RSI are diverging upwards and are about to approach the oversold territory, indicating that there is still room to move upwards! For the highs, it is recommended to continue monitoring the MA280 and MA150 range, while for the lows, pay attention to the support where the lower band coincides with the MA60 support.

In the 4H chart, BOLL continues to narrow. Currently, the K-line is above the middle track, close to the MA120 position. In the short term, it faces the crossing pressure of MA30 and MA60. If it breaks, we can see the upper track pressure and the MA150 forming a top pressure area. The green bars in MACD are gradually increasing. The golden cross between DIF and DEA is opening up, but the market hasn't rallied quickly. KDJ is sticking downwards at a high position, and there is upward space for RSI, but it won't be large. Hongjie suggests not to chase long positions and to wait for a rebound to enter short positions.

Selling point sharing: ≥111000 light short, stop loss above 112100. Take profit 110200-109400, if it breaks 109000, you can continue to hold until around 108100.

Buy point sharing: ≤108100 light long, stop loss below 107500. Take profit 109500-111000.

There is a delay in article review push notifications. The above points are for reference only. Please grasp the timing of buying and selling on your own. When entering the market, please ensure risk control and avoid heavy positions! Thank you for reading!