8.4 Evening Market Analysis
If the price can effectively break through MA5 (114,426.0) with an increase in trading volume, this could be a short-term buy signal. One might consider entering with a light position at the breakout, setting a stop loss near the recent low, such as 113,500, and the target can be set near the previous high, like 114,960 or at a higher resistance level.
Operation Suggestion: $BTC
If it breaks through 114,960 with volume, you can take a small long position.
Target price 115,700, stop loss 114,400
Retracement strategy:
Rebound at 114,000-114,200 to stabilize and go lon
If the price can effectively break through MA5 (114,426.0) with an increase in trading volume, this could be a short-term buy signal. One might consider entering with a light position at the breakout, setting a stop loss near the recent low, such as 113,500, and the target can be set near the previous high, like 114,960 or at a higher resistance level.
Operation Suggestion: $BTC
If it breaks through 114,960 with volume, you can take a small long position.
Target price 115,700, stop loss 114,400
Retracement strategy:
Rebound at 114,000-114,200 to stabilize and go lon
BTC0.02%