Crypto Red Sister 3.16 (Writing time 0:32) Latest Bitcoin (BTC) Market Analysis and Trading Suggestions Today: #比特币站上七万美元 #加密市场上涨

Bitcoin is currently trading around 71400. Today's intraday price surged and then pulled back, with two pin insertions formed between the EMA30 and BOLL middle track on the 1H chart that failed to hold support. Currently, the K-line continues to test downward toward the EMA30 support level, indicating that Red Sister's high shorting layout yesterday was very accurate and effective. It is recommended to continue holding positions. Both KDJ and RSI are showing divergence toward the oversold zone, with DIF and DEA convergence currently in a dead cross pattern and red columns showing increasing volume. However, the BOLL upper-middle track continues to maintain an upward trend, so the downside space provided intraday may not be very large. Since the KDJ and RSI short-term indicators have already moved into the oversold zone, it is recommended to focus on the EMA60 and lower track zone below. Today's high point still needs to focus on the upper track and intraday high point resistance zone for entry. Whether long-term high shorts can be held needs to focus on the 4H chart where DIF and DEA are forming a second downward divergence. Once formed or breaking the 4H middle track, the bearish divergence may continue to extend;

Today's Sell Points: ≥72000 Light Short, Stop Loss above 72800. Take Profit 71300-70700. Breaking 70500-70000 can continue to hold;

Today's Buy Points: ≤70700 Light Long, Stop Loss below 70000. Take Profit 71300-71800. Breaking 72000-72200 can continue to look toward 73000 nearby;

Article review and push have delays. The above point suggestions are for reference only. Please grasp the timing of buying and selling yourself. Please do risk management when entering positions, do not over-leverage! Thank you for reading!