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Crypto Liyng: 3.25 BTC Desperate Counterattack - 69500 Holds Strong, Bulls Sound the Charge! Precise Entry Points Included
Friends, the past few hours have been an absolutely fierce battle between bulls and bears! BTC plunged from the morning high of 70462 down to 69507, and it looked like the bears were about to break through the psychological defense line. But the bulls established a solid fortress at 69500, and the price has reclaimed the 70045 level, with losses narrowing to -0.08%!
Currently, the price is trading near the middle band of the Bollinger Bands, which shows a slight expansion after contraction. The middle band at 70102 serves as an important short-term support level. Once this position holds firmly, prices are expected to launch an attack toward the upper band at 72359. The MACD is showing an almost flat state. This typically signals an imminent reversal, and combined with the surge in trading volume, the probability of an upward breakout is greater. This cycle's trading volume is higher than the average of the previous cycles. Notably, as the price rebounds from the lows, trading volume expands in sync, indicating strong fund absorption at lower levels. The MA5 volume is showing signs of turning upward, so Liyng's strategy remains primarily buying at lows with shorting as a secondary approach.
Short-term Practical Trading Strategy (Liyng's Direct Guidance, Precise to Chart Points)
Long Strategy: 70000 to 69500, Target 71000 Aim for 71500, Stop Loss 69000
Short Strategy: 71800 to 72000, Target 70500 Aim for 70000, Stop Loss 72500
Operation Mantra:
Support holds, buy dips as primary strategy
Resistance breaks, add positions on follow-through
Strict stop losses, protect capital
Batch profit-taking, lock in gains
Liyng's Message: The crypto space doesn't lack opportunities; what's rare is "eyes that see through the essence" and "hands that execute strictly." Keep your mindset steady, and you'll be laughing all the way to success!
Risk Disclaimer: The above analysis by Liyng is based on real-time charts and market data for reference only and does not constitute investment advice. Trading risks are borne by the trader.
#加密市场回涨 $BTC #Gate正式接入Polymarket