Crypto Red Sister 3.23 (Writing time 0.02) - Latest Bitcoin (BTC) Market Analysis and Trading Suggestions Today: #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡



Bitcoin is currently trading around 68800. The early morning price action from the previous day formed a breakdown retest, with intraday exploration near 68100 forming a stop-loss phenomenon. The 1H chart shows a second test reversal pattern. Currently, price is attacking the BOLL middle band and EMA20 crossover resistance level. The BOLL three bands are showing a downward compression trend. The MACD green histogram is in a process of weak volume increase. DIF and DEA second convergence is expected to form a golden cross. The KDJ three lines are converging and crossing upward approaching 65. The RSI three lines are converging upward approaching 50, indicating short-term rebound demand, though upside resistance is strong. Red Sister suggests focusing on the BOLL middle band in the 1H chart and the MA20 crossover position with EMA30 for short-term rebound overbought conditions to establish short positions. The daily BOLL middle band can serve as a bearish defense level. Below, continue monitoring the third test of 68000 support level. If the third test directly breaks below 68000, adjust long positions to near the early month low point around the 3rd for confirmation before entry.

Today's Selling Points: ≥69300 light short, stop loss above 70300. Take profit 68700-68100. If broken below 68000, continue watching toward 67100.

Today's Buying Points: ≤67100 light long, stop loss below 66000. Take profit 68000-69300. If broken above 69800-70300, continue looking higher.

Article review push has delays. The above level suggestions are for reference only. Please manage your own entry timing. Upon entry, implement proper risk control. Do not engage in heavy position trading! Thank you for reading!
BTC-3,28%
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