2.14 Saturday Afternoon Market Analysis


BTC current price is around 69,000
Short-term oversold rebound, medium-term bearish structure remains unchanged, mainly range-bound oscillation with light positions following the trend.
The 4-hour Bollinger Bands are narrowing and flattening, with the price stabilizing above the middle band, indicating a short-term bullish correction;
A golden cross has formed on the KDJ, volume is gradually increasing, and the rebound has already reached the upper band resistance. Liquidity is low over the weekend, and the market is slow.
BTC trading suggestion: Consider short positions around 69,000, take profit at 68,200-67,500, stop loss at 69,800.
Pull back to the 68,000–67,000 range, add long positions in batches, target around 69,800–70,800.
BTC1,65%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
MrFlower_vip
· 7h ago
To The Moon 🌕
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)