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Behind the price fluctuation is the separation of people's intentions, simply choosing different paths. In this world, there is no right or wrong, only positions. Trading is a practice, and the market is your dojo. Experience and time alone will not help us grow; only reflection and summarization will gradually allow us to see our shortcomings clearly, and with a bit of effort in the right direction, reaching the peak will eventually be the distant place we strive for together.



Hello everyone, I am the trader Gege. Bitcoin has recently experienced a relatively good rebound, currently fluctuating above 90000. As mentioned earlier, 90000-91000 is the first key boundary, and whether it can stabilize completely remains to be seen. Today is the 28th, and both the weekly and monthly candles will close on the same day. As we are about to enter the weekend, the monthly candle's shape will not change significantly. Let me first talk about the weekly candle.

The weekly level has been in a fluctuating upward trend since the market opened this week. If it can stabilize above 90000, the next key point in the short term will be near the opening drop of the previous K-line, which is also near the trend line, corresponding to a price around 95000. The current K-line needs to maintain a bullish line, so before the closing, the price cannot fall below 87000. This way, the probability of maintaining a shallow fluctuation without deep dips next week will be higher. Additionally, it is important to continue monitoring the MACD dual lines, as there are current signs of breaking below the 0 axis. If the market continues to fluctuate upward and the fast line shows signs of turning upward, this will also be a short-term bullish signal. Furthermore, the previous estimation regarding the monthly line (if there is another bottoming out next month, it will be a good opportunity for building positions) also holds true.

Although the daily level market has broken through the MA7, the BOLL is also in a contracted state, indicating an adjustment after a continuous decline rather than a true reversal; the overall structure is still in a downward channel. How to operate in the short term? Currently, the short-term support at the 90000 level can be seen through the K-line, and there may be a false break. The upward trend can be referenced by the idea of converting support to resistance through the trend line, with 95000 as the boundary. In summary, for Bitcoin, go long at the 89300-88500 range and go short at the 93500-94300 range. That's all for today, I will try to keep daily updates when I have time, thanks for the attention and reading!

Suggestions are for reference only. Entering the market should be done with risk control in mind. The profit and stop-loss space should be managed independently. Specific strategies should be based on real-time conditions and can be consulted.

Alright, friends, we have to say goodbye until next time. I wish everyone continued success and smooth sailing in the crypto world! More real-time advice will be sent internally. Today's update ends here. For more real-time suggestions from Auntie Bitcoin, find Gege.

Article / I am trader Gege, a friend willing to help you make a comeback #PI #BTC #ETH
BTC0.33%
ETH3.86%
PI0.87%
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