Coin Circle Li Ying: The "Pulse" of 10.6 Bitcoin is Stable Yet Hides Risks! How to Strategically Position for Optimal Operations, Latest Market Analysis

Article Published on 2024.10.6—02:00

Is Bitcoin in a range? Is it exactly as Li Ying said, with no need to think about Sunday’s market still being the same? The strategy remains unchanged: short at highs and long at lows. From 60000 to 62500, there are enough fruits to pick in between. As for how much can be picked, it still depends on everyone's professionalism, or how much space Li Ying can capture.

Let’s look at the current K-line pattern. The recent price is fluctuating around 62000, forming a relatively obvious range consolidation pattern. The daily K-line shows multiple long lower shadows, indicating that there is certain buying support below. In the technical indicator MACD on the 4-hour cycle, both DIF and DEA are in the negative zone but show signs of convergence. The MACD histogram has turned from green to red, which may indicate a short-term rebound.

Now looking at the RSI indicator, it is currently close to 50, not entering the overbought or oversold zones, and the market temporarily has no extreme emotions. The current price is above EMA7 but below EMA30 and EMA120, indicating a short-term bullish trend, but overall still below the long-term moving averages. Caution is needed as rebounds may face resistance. Additionally, with the trading volume declining, Li Ying judges that today’s market will still be sideways, and the strategy remains to trade in waves.

Today's Point Prediction: Li Ying's Judgment (Sideways)

Long entry at 61000, add long at 60000, stop loss at 59500, target at 62500.

Short entry at 63000, add short at 64000, stop loss at 64500, target at 61500.

Reason: Short at previous highs, long at previous lows, with stop loss points outside of pressure and support. The content of the article is time-sensitive and for reference only; risks are borne by the reader.

The above is a brief analysis by Li Ying regarding the current market situation for investors' reference. Over the past ten years, Li Ying has continuously explored and experienced hundreds of different digital assets. Throughout this process, Li Ying has witnessed the brilliance of bull markets and the gloom of bear markets, accumulating countless precious experiences and profound lessons along the way. As a female trader striving in this challenging field, Li Ying feels a responsibility to share her insights and hopes to assist others with dreams in finding their place in this ever-changing market, starting their own journey to success.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。