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Cryptocurrency Red Sister 3.24 (Writing time 0:26) Latest BTC Bitcoin Price Analysis and Operation Suggestions:#加密行情震荡 #Gate储备金报告 #Gate13周年全球庆典
Bitcoin is currently trading around 70300. Today's BTC market was affected by the easing of US-Iran relations, causing a reversal and explosive move as institutional funds flowed in. The price surged close to the 72000 level, but during evening K-lines it pulled back again near the EMA120 and EMA10 positions on the 1H chart. Red Sister's live trading already secured 1300 points profit from short positions. Currently, the BOLL three bands continue to maintain an upward posture, MACD green columns are in a weak consolidation process, DIF and DEA show weak convergence, KDJ three lines are converging downward approaching 70, RSI three lines are converging while maintaining upward momentum unchanged, indicating a minor pullback in the short term. Red Sister suggests focusing on the EMA30 and EMA120 interval key support on the 1H chart as a continuation point for long entries. Watch the daily high and dual resistance from EMA250 and upper band above, where short entries can be considered. Currently on the 4H chart, the BOLL channel has shifted from downtrend to parallel channel, indicating that upside space in the short term has not been effectively expanded!
Today's Sell Points: ≥71500 light short, stop loss above 72300. Take profit 70500-69500. Break below 69000 can continue holding.
Today's Buy Points: ≤69500 light long, stop loss below 69000. Take profit 70500-71500. Break above 72000-72300 can continue watching for 73000 nearby.
Article review and push has delays. The above price levels are for reference only. Please determine your own timing for entries and exits. Implement risk control when entering positions, do not over-leverage! Thank you for reading!