Crypto world Red Sister 10.23: How can Whales protect themselves in the BTC roller coaster market? Today's Bitcoin (BTC) latest market analysis and trading suggestions!

‍#巨鲸加仓2.5亿美元BTC #ETH反弹在即？ #美联储将召开支付创新大会
$BTC $The current price of Bitcoin is around 108400. Yesterday morning, the market surged to 114000 and quickly retraced. Fortunately, the long position from yesterday exited with a slight loss. During the day, it directly broke below 107000, forcibly pulling back the double divergence trend. Currently, the K-line is positioned in the lower mid-range of the 4H chart, the upper band of the BOLL channel is narrowing down, and the trend of the middle and lower bands has not changed. The lower band may once again form support in the short term, while resistance is encountered at EMA30 and the middle band range. The red bars below the 0 axis in MACD are converging, and after the DIF and DEA crossed, it is currently showing convergence. Continue to monitor whether the convergence can be successful.

In the 1H chart, the BOLL channel is very narrow, with the upper track pressing down below 110000, close to the EMA160 position, which can serve as the resistance level for intraday rebounds. The low point is also looking at the lower track's closing position. The green bars above the 0 axis in the MACD are increasing in volume, but they seem particularly weak. Additionally, the three lines of KDJ are converging downwards, and the three lines of RSI are also below 50 and are converging downwards. It is expected that the DIF and DEA will form another closing pattern, and the rebound momentum is indeed limited.

Selling point sharing: Short at ≥109500, stop loss above 110600. Take profit at 108500-107400-106500. If it breaks below 106300-106000, you can continue to hold.

Buy point sharing: ≤106500 long position, stop loss below 105500. Take profit at 107800-108900-109500.

There is a delay in article review push notifications. The above points are for reference only. Please grasp the timing of buying and selling on your own. When entering the market, please ensure proper risk control and avoid heavy positions! Thank you for reading!