Bitcoin fluctuates by tens of thousands of points, how can retail investors protect themselves? What operations are more stable?

CN
1 year ago

When flowers bloom beautifully, they should be picked first; do not wait for the scenery to become hard to find again. Otherwise, in an instant, they will wither and fade, falling into the dust with dreams of the past. Bid farewell to yesterday's tension and hesitation; a new day must stride forward boldly. Do not linger over past losses, and do not panic over future uncertainties. Traveling is to find another self in the distance, while investing is to shape another self in front of you.

Bitcoin continued to dip yesterday, with Jiang Wei shorting twice from above, gaining several thousand points, providing a satisfactory answer for yesterday. With 18 days left until the end of the year, in this final sprint, are you the one standing at the forefront?

After several days of fluctuations around ten thousand, the price is currently in a wide oscillation range of 95400-91200, with significant volatility. As long as the range is not broken, we can focus on high shorts and low longs around this position.

The four-hour technical MACD histogram shows signs of gradually decreasing volume, indicating a weakening of the four-hour bearish momentum. The RSI is currently around 50, not entering the overbought or oversold zones, suggesting that the market does not have a clear trend direction for now. The EMA is below EMA30 (93525), and both are below EMA128 (95887), indicating a bearish arrangement for both short-term and medium-term moving averages, with an overall bearish trend.

Therefore, in the current state, both bulls and bears have opportunities, so today we will operate in both directions. Below, I will provide some point ideas.

Buy and Sell Points

Bullish Buy Point ①: Near the previous low of 92000, which has strong support.

Bullish Buy Point ②: Support at the round number of 91000, with enough space from the buy point.

Defensive Stop-Loss Point: 90500, slightly below Buy Point ②, to prevent false breakouts.

Bearish Sell Point ①: Near the actual high of 95000, which has strong resistance.

Bearish Sell Point ②: Resistance at the round number of 96000, with enough space from the sell point.

Defensive Stop-Loss Point: 96500, slightly above Sell Point ②, to prevent false breakouts.

The above points are for reference only. Follow the public account; the only way to relieve worries is through Jiang Wei.

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