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Crypto Circle Sister Hong 3.15 (Written at 0:02) Today's Bitcoin (BTC) Latest Market Analysis and Trading Suggestions: #Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #加密市场上涨
Bitcoin is currently trading near $ETH 70500. Yesterday's price action broke through the 1-day upper Bollinger Band twice, forming a sharp pull-up approaching the EMA60 where it formed a pin bar pullback. Today's intraday price is oscillating in a narrow range above the EMA7 and EMA30 crossover support level. Although the price has pulled back, the MACD green histogram shows no significant volume reduction. The DIF and DEA remain in a second divergence pattern with an upward momentum near the 0 value. The KDJ three lines maintain an upward crossover in the neutral zone. The Bollinger upper band continues to push upward approaching the EMA60 level, indicating there is still upside potential. Sister Hong suggests that on short-term basis, if the price pulls back to the EMA30 and EMA20 zone without breaking, it can maintain long positions on dips. Set your stop loss below the mid-band. The short-term bullish target should first focus on the 4H mid-band EMA250 to Bollinger upper band zone.
Today's Sell Signal: ≥71700 light short, stop loss above 72500. Take profit at 70800-70000-69300. If breaking below 69000, may continue down to around 68300.
Today's Buy Signal: ≤70000 light long, stop loss below 68300. Take profit at 70900-71700. If breaking above 72200, may continue up to around 73000.
There may be delays in article review and push notifications. The above price levels are for reference only. Please manage your entry timing accordingly. Take proper risk management measures and avoid over-leveraging! Thank you for reading!