Thursday Night Bitcoin and Altcoin Strategy


Bitcoin briefly dipped below the lower Bollinger Band in the early morning, then quickly rebounded with increased volume, forming a "false breakout" pattern, confirming the validity of the support level below. The daily chart shows a stable TD9 bottom reversal signal, RSI approaching oversold territory, and short-term selling pressure has been fully released. Although short-term moving averages are still trending downward, the price's deviation from MA5 has widened, triggering active correction. The previous oscillating upward momentum is clear, with volume expanding in tandem. MACD green bars are shrinking, and KDJ is turning upward from low levels. Multiple indicators resonating suggest that the short-term correction will continue.

Evening Trading Strategy
Bitcoin ranges between 88,500-89,500, aiming for 91,500 and looking up to 93,200.

Altcoin ranges between 2,950-2,980, aiming for 3,050 and looking up to 3,130.
BTC-0,86%
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