The day before yesterday, we mentioned that Bitcoin would reach a new high, and it indeed set a new high again early this morning, which serves as a confirmation of our previous prediction. Currently, the market is in a decline, having dropped about 3 points from the peak. However, we believe the overall trend has not been broken, so bulls should not rush to exit.
From the MACD perspective, due to the current decline, the energy bars are contracting. However, one day's drop does not change the trend, and we need to continue observing in the future.
Looking at the CCI, although it has turned downwards, it remains above 100 and has not formed a trend yet, so we will hold off for now.
From the OBV perspective, after a period of one-sided upward movement, the OBV is already quite high. Today's decline has seen a slight pullback, but the overall trend has not changed, so we will continue to observe.
In terms of KDJ, it is moving down in the overbought area and shows signs of a death cross. The KDJ pattern has already turned bearish, so those going long should be cautious of risks.
Looking at the MFI and RSI, the MFI is in a neutral range, while the RSI has dropped from the overbought area to the neutral range due to the decline. It can go either way here, and we will ultimately see the battle between bulls and bears.
From the moving averages perspective, the price is above the moving averages, and the direction is also upward. For the moving averages to turn down, we would need a decline over the next few days, and we will see if that happens.
Looking at the Bollinger Bands, with the current decline, the upper and lower bands are showing signs of flattening, but they have not yet closed. The final shape will depend on the closing. Additionally, the two upper shadow lines are already reminding us to be cautious of risks.
In summary: Today marks the first significant decline in this wave of upward movement, but one bearish candle alone cannot change the trend. Therefore, if 126,000 is the peak, we will need to see more bearish candles in the future. The target for bulls today is to not break 121,000, with support at 120,000-117,000 and resistance at 124,600-126,000.
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。
