#GateChristmasGiveaway #美国非农数据超预期 Bitcoin's movement from last night to this morning has indeed been fierce, with the price directly surpassing $90,000, rising over 3.23% in a single day. From the market data, the Trading Volume surged to 152,600, and the open interest reached $8.096 billion, with funds clearly moving towards long positions. However, that being said, with such a rapid pump, short-term profitable positions could get dumped at any time. The key still depends on whether it can hold the support level below; maintaining this rise would be considered stable.
On the technical front, the MACD's DIF line has crossed above the DEA, and the histogram is clearly expanding, indicating that buying pressure is still increasing. The RSI is a bit overheated—RSI6 has surged to 84.5, nearing the overbought line, so it may need to take a breather in the short term; however, RSI12 and RSI24 are still normal, and the overall trend remains intact. Operational strategy reference: If you are bullish, wait for the price to stabilize when it pulls back to the range of 89200-89500 before entering the market. The target can be seen at 90500-91000, and it is safer to place the stop loss below 88800. Those who want to short can observe if the price rises to around 90500. If it can't hold, try a light position for a short, aiming for 89800-89500, with a stop loss set above 90800. $BTC $ZEC
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#GateChristmasGiveaway #美国非农数据超预期 Bitcoin's movement from last night to this morning has indeed been fierce, with the price directly surpassing $90,000, rising over 3.23% in a single day. From the market data, the Trading Volume surged to 152,600, and the open interest reached $8.096 billion, with funds clearly moving towards long positions. However, that being said, with such a rapid pump, short-term profitable positions could get dumped at any time. The key still depends on whether it can hold the support level below; maintaining this rise would be considered stable.
On the technical front, the MACD's DIF line has crossed above the DEA, and the histogram is clearly expanding, indicating that buying pressure is still increasing. The RSI is a bit overheated—RSI6 has surged to 84.5, nearing the overbought line, so it may need to take a breather in the short term; however, RSI12 and RSI24 are still normal, and the overall trend remains intact.
Operational strategy reference:
If you are bullish, wait for the price to stabilize when it pulls back to the range of 89200-89500 before entering the market. The target can be seen at 90500-91000, and it is safer to place the stop loss below 88800.
Those who want to short can observe if the price rises to around 90500. If it can't hold, try a light position for a short, aiming for 89800-89500, with a stop loss set above 90800. $BTC $ZEC