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Cryptocurrency Circle Liying: BTC 2-Hour Chart Shows Strong Stability! 70K Level Solidified, Eyes on 74050 Previous High
Bitcoin is currently trading at 70,400. The market trend remains unchanged with a bullish outlook. The latest 2-hour K-line shows a positive candle with closing price near the body high, accompanied by expanded trading volume. This indicates fierce competition between bulls and bears, but strong buying pressure at lower levels is driving price recovery. The daily chart shows consecutive bullish candles with trading volume maintaining high levels, confirming the continuation of the uptrend at the daily level. MACD: The 2-hour short-term pullback keeps price above the main EMA moving averages, which may only be a short-term adjustment during the uptrend. EMA 2-hour moving average shows bullish alignment, confirming the trend.
Short-term Trading Strategy (Liying's Expert Guidance, Precisely Aligned with Price Action)
Long Strategy: Enter in batches on pullbacks to 69,000-70,000 zone, stop loss if 69,000 breaks key support decisively, targets first at 71,500-72,000, then 74,050 previous high after breakout.
Short Strategy: Only attempt light selling with clear volume expansion and indicator bearish divergence at 71,500-72,000, stop loss at 72,500, targets 69,500-69,000.
Liying's Message
Market conditions change in an instant; trading with the trend is the survival principle in the crypto world! This wave of Bitcoin's strong recovery is a gift to patient holders and a warning to those trading against the trend. Remember: small stop losses for big profits, always put risk control first.
Follow Cryptocurrency Circle Liying and capture every wave of the market precisely. Navigate the crypto space smoothly and achieve steady profits! ⚠️
Risk Disclaimer: The above analysis is based on real-time market data and conditions, provided for reference only and does not constitute investment advice. Trading risks are self-assumed. #伊朗明确达成停火协议要求 $BTC