Bitcoin July 4th [Market Analysis]

🔍 Market Analysis:

Currently, Bitcoin is in a high-level adjustment phase, and the short-term upward momentum has slowed down:

• MACD (4-hour level):
   The fast and slow lines show signs of forming a death cross at a high level, and the red bars may also start to shorten, indicating that upward momentum is weakening, and we need to pay attention to whether it enters an adjustment cycle.

• RSI Indicator:
   Falling back from the overbought zone, currently in the 50–60 range, which is a neutral to weak level; if it can stabilize above 50, there is still hope for bulls to recover; otherwise, we need to be cautious of further weakening.

• Bollinger Band Structure:
   The price has rebounded from the upper Bollinger Band and is currently testing the middle band support (around 109,500); if the middle band holds effectively, there is still a possibility of bouncing back to the upper band, but if it breaks below the middle band, it may trigger a drop to the lower band area.

📉 Trading Plan:

✎ Operational Idea: Go long first, then short, be flexible

• Around 108,000 is a short-term area to go long; if the price stabilizes here, a light position can be taken to go long, targeting above 110,000;

• If the rebound encounters resistance, lacks momentum, or MACD officially forms a death cross, decisively change the strategy and go short;

• Bollinger Band middle band (109,500) + RSI 50 line are key observation points in the short term.

⚠️ Strategy Reminder:

• The current structure is characterized by "high-level pullback + middle band testing," so it is not advisable to chase high prices;

• It is recommended to test with a light position and wait for confirmation signals before increasing the position;

• If it breaks below the middle band with volume, it can be viewed as a short opportunity, with targets around 107,000–106,500.

**—— Crypto Master Community, a community focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn operations with me! Let's share and profit together! Remember Crypto Master, available 24 hours a day, follow Crypto Master to avoid getting lost!

**[The above analysis and strategies are for reference only. Please bear the risk yourself. The article review and publication may have delays, and the strategies may not be timely. Specific operations should follow the real-time strategies of Crypto Master.]

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。