#BTC资金流动性 Gold performed strongly on Friday, showing a good rising rhythm. As we enter today's morning session, gold continues this momentum, reaching around 4367, with long positions still strong.



However, one must be cautious—there is still a possibility of a short-term pullback below 4380. Looking at the candlestick chart, one can feel that the continuous upper shadows indicate that the rising momentum is gradually weakening, making it easy to suffer losses from greedy chasing of highs.

How does the technical analysis look? The 1-hour chart maintains a rhythm of fluctuating upward, with key support having moved up to the position of 4315. As long as it does not fall below this level, there is still an opportunity for long positions to continue rising. Conversely, if it can break through the historical high of 4383, then the trend will need to continue, and any pullback will be a buy signal.

The trading advice is as follows: Treat it as a range-bound market below 4380. Consider placing long positions in the range of 4354-4358, with the upside target at 4370-4380. Regardless, positions must be controlled, and stop losses cannot be neglected; this is the bottom line. $BTC $ETH
BTC1.32%
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just_another_walletvip
· 8h ago
The key level of 4380 is indeed a bit precarious, the upper wick won't lie no matter how you put it.
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unrekt.ethvip
· 8h ago
The upper wick is indeed speaking, it feels a bit precarious at the 4380 level this time, being too greedy can really lead to a downfall.
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rugpull_survivorvip
· 8h ago
Another Technical Analysis for being Played for Suckers? I just want to ask, did 4380 break last time?
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GasWastervip
· 9h ago
The 4380 level is really stuck tight; with such a clear upper wick, how eager can one be to chase the price?
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MetaverseVagabondvip
· 9h ago
It's the same old trap again. If 4380 doesn't break, we'll see some fluctuations; if it breaks, it will continue to rise. To put it bluntly, it's just a gamble.
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AirdropHunterZhangvip
· 9h ago
Below 4380 is again this same rhetoric. The last time I heard this, I was all in, and it ended up getting wiped out. Now when I see this kind of "key support," I just want to laugh.
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