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January 28th, BTC Market Analysis and Trading Strategy
The current price is oscillating and rebounding between the middle and upper Bollinger Bands, showing a short-term bullish bias, but there is resistance at the upper band and previous high, with insufficient volume.
Support levels: 88,387 (middle band), 87,284 (lower band)
Resistance levels: 89,490 (upper band), 91,224 (previous high)
Simplified Long and Short Strategies
Long Strategy:
- Pullback Long Entry: Enter at 88,300–88,500, stop loss at 87,800, take profit at 90,500/91,200
- Breakout Long Entry: Enter at 89,500–89,600, stop loss at 89,000, take profit same as above
Short Strategy:
- Resistance Short Entry: Enter at 89,400–89,500, stop loss at 89,900, take profit at 88,500/87,500
- Previous High Short Entry: Enter at 91,000–91,200, stop loss at 91,500, take profit same as above
Risk Reminder:
Strict stop loss (position size ≤ 5%), monitor breakouts of 24h highs and lows, combined with larger cycle analysis and news sentiment. #加密市场观察 #内容挖矿焕新公测开启 $BTC