Mindset is the best Feng Shui!


Reviewing the evening market, the price showed a continuous downward trend, reaching a low point of 787, then gaining support and starting to rebound. Auntie Ta followed Bitcoin, with the price facing resistance at the 2322 high point before beginning a single-sided decline, with the lowest reaching around 2233.
Real Pi Layout ‖
Today, all six Dan positions in Real Pi layout, both Doko and others, provided opportunities. The three short-term positions on Bitcoin secured over 2300 points of profit, and the two positions on Auntie Ta secured over 60 points. Currently, there is still one Bitcoin position and a set of positions held.
Strategy Analysis ‖
From the current market situation on the daily chart, the price has formed three consecutive bearish candles, with significant resistance above. After two days of high-level horizontal consolidation, tonight, driven by news catalysts, the price quickly tested the middle band of the Bollinger Bands but then stabilized and rebounded, recovering some lost ground. This correction belongs to healthy adjustment within an upward trend and has not changed the overall pattern. In the short term, although the price once broke below the lower band with a large bearish candle, it quickly recovered, indicating strong buying interest below. Meanwhile, technical indicators are lagging and need repair. Therefore, the subsequent strategy is to maintain a low position, focus on defense, and be flexible in layout.
Bitcoin: First target around 80,000, break above to around 80,500.
Auntie Ta: First target around 2,280, break above to around 2,320. $BTC $ETH
BTC-1.41%
ETH-2.27%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned