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Looking at BTC's trend, I want to share some ideas.
First, let's talk about the 1-hour chart. The price is currently hovering near the middle band of the Bollinger Bands, showing a somewhat oscillating movement. MACD is still slightly in the negative zone, indicating that there is indeed short-term adjustment pressure. However, the key point is— the price is very close to the middle band of the Bollinger Bands. As long as it breaks above the upper band (around the 91,000 range), the rebound momentum may kick in.
The story on the 4-hour chart is even more interesting. The price is stuck near the lower Bollinger Band, but there is room to move upward. Once it breaks through the middle band and the resistance around 90,700, it could continue to rise. Especially if MACD also shows a bullish crossover, the short-term trend might start turning upward from here.
Based on these signals, my approach is as follows:
**Entry Point**: Wait until the price breaks above 90,700 before opening a long position. At this point, the rebound pattern should start to establish, and the resistance level will be broken.
**First Take Profit**: Around 91,200. This was a previous support level, which will naturally turn into resistance after being broken.
**Second Take Profit**: Around 92,000. This position is close to the upper Bollinger Band. If the upward momentum continues, this will be the second profit target.
**Stop Loss**: 90,000. If the price falls back and breaks below this level, the risk becomes significant. Setting a stop loss here can prevent deeper losses.
Of course, this is just a reference strategy based on the current chart. Market conditions change rapidly, so it’s important to adjust flexibly according to real-time movements.