Hello everyone, I am trader Gege. The article strategy for Bitcoin will resume updates, not only focusing on trend direction but also maintaining daily updates from Monday to Friday. The article strategy for Altcoin will remain the same as before, updated before noon, while Bitcoin's articles will be updated in the evening. The specific timing will be adjusted recently, and I will try to provide short-term views and strategies within a fixed time frame.

Let’s briefly discuss how Old Ma is confronting the American elite with his powerful sword. A series of actions will ultimately target the Federal Reserve, which will inevitably bring turmoil to the financial markets. Old Ma belongs to the new tech elite, challenging the old capital behind the Federal Reserve. To put it simply, Old Ma wants to overthrow the old system and establish a new order, and the old elite will certainly not sit idly by.

Both Old Ma and Trump are wealthy businessmen, and their collaboration will not operate under the conventional thinking of previous government actions. This game will introduce higher uncertainty to the political risks in the U.S. If their actions break the previous financial system and the credibility of the dollar is severely impacted, then the mission of Bitcoin will be fulfilled, as Bitcoin was born to establish a new financial system. This storm has just begun; the vigor of the new elite lies not in the act of subversion itself, but in their ability to keenly capture new elements that the old system cannot accommodate. The real crisis for the old elite often does not come from the challenger's sword, but from the rust that breeds in the gaps of their own armor; otherwise, the new elite would have no opportunity.

Back to the main topic, let’s look at the technical analysis of Bitcoin. On the weekly level, I previously mentioned that there are no significant signs of a one-sided upward trend. The K-line has broken below the MA7, showing signs of testing the middle track. The high-level death cross of the MACD dual lines is also a factor that temporarily makes bulls cautious. On the daily level, the K-line continues to oscillate below the middle track of the Bollinger Bands and MA60. If it cannot break through and stabilize at that resistance, the probability of a downward wash after the oscillation will be greater.

On the 4H level, there is a demand for a downward pin, the MA7 is turning down, and the indicators suggest a weak oscillation. However, short-term participation should not chase, as the K-line is still in a box oscillation phase; it should be treated as a box for now. Friends who are looking to operate on trends can refer to the ideas mentioned above for Bitcoin. The key support below is at the 92000-91000 line, which is also a platform bottom support formed over the past two months. If it breaks, the pace of the market will accelerate in washing out positions.

Short-term suggestions for Bitcoin: If the upper level of 98500 does not break, short at the 98000-97500 line; long at the 94800-94000 line below, and if it breaks, long at the 92200-91500 line. Please manage your risk and position planning accordingly.

The suggestions are for reference only. Please ensure risk control when entering the market, and manage your profit and stop-loss space accordingly. Specific strategies should be consulted in real-time.

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

Written by: I am trader Gege, a friend willing to accompany you in your resurgence.

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