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加密前线(糖哥)|Feb 20, 2025 13:47
Daily Market Interpretation - BTC 02/20
Looking at the trend from 12H to the daily line, the market has become more positive in the past 5 days, but the overall price is still within the oscillation range of the past 15 days, neither breaking through the suppression above nor falling below the support below, still a mediocre trend, and currently does not show a trend market. The suppression of the current price reaching the 100000 mark is still on the upper track of the range, and there is a high probability that it will fall first. The first principle is not to chase after the rise.
Looking at the trend from 1H to 4H, the market has moved out of the standard head, shoulder, and bottom pattern. The rebound after the price retraces to the right shoulder is currently close to being suppressed above, and short-term active profit taking is necessary. At the same time, it is also necessary to prevent a sharp decline trend after failing to break through. Small areas should follow the characteristics of head, shoulder, and bottom after retracement.
Based on the above information, the area between the current price and the 100000 yuan mark belongs to the suppression zone. Before breaking through, do not chase after the rise, and actively take profits. The feasible opportunities are the short-term retracement and head shoulder bottom characteristics after the price breaks through the 100000 yuan mark, as well as the lower bound of the original oscillation range. The relevant point references are as follows:
Short term suppression: 98182~99828 (large volume breakthrough and retracement can be entered), short-term support: 96823~96150
Note: The above points should be processed in batches and positions should not be merged. At the same time, 87127~84763 is not within the existing fluctuation range, with a low probability point, and will not reach the regular fluctuation. It is an alternative nature, with a 1:2 pending order and is currently valid. BTC
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