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April 28: BTC fluctuates around the range: will the support below hold and aim for 98.5K?
BTC weekly K-line closes above the middle band of the Bollinger Bands: as long as it doesn't break the support at the middle band, the later trend will further push towards 98.5K. In yesterday's video, I simulated this for everyone and also set the evening target at 94.5K, aiming south to 92.8K. I reminded everyone in my Moments not to chase north easily. Today, the daily line closes again with a bearish candle: if tomorrow's daily line continues to close bearish, then we need to pay attention to the formation of three black crows at the daily level. Once this pattern emerges, BTC will break below the 90,000 mark. At the four-hour level, there is a top divergence pattern, and looking at the short-term market trend, I believe the probability of a decline is greater than that of an increase. Today's strategy is to short on rallies, and for now, pay attention to 91.8K below.
Today's entry strategy
92250 Northbound: Risk control 520 points, this is a counter-trend trip, pay attention to risk control: destination 1500 points
If there is a rebound during the day, then you can short at 94250: risk control 540 points: target to exit at 1300 points; if the downward movement is strong, you can continue to look down.
Trading is a lonely journey. Others' advice, market noise, and friends' doubts can all become distractions. But it is this loneliness that teaches you: to rely on your own judgment, rather than chasing trends; to trust your own pace, rather than envying others' "myth of easy profits." Safety is for the conformists, freedom is for the solitary - the sense of security you seek can only be given by yourself. #BTC#