Crypto Circle Academician: After 5.15, Bitcoin's high retracement can be cashed in, testing the strong support area, the opportunity for northern positioning has arrived!

　　In the afternoon, Bitcoin's current price is 80600, just exited the northern position with profits and ran, not gambling luck with the market! Now the price is retracing, many people are panicking and don’t know what to do. I'm directly giving you a practical entry point: the range of 80000-80300, which just happens to test the previous upward trend line, with strong support. Set the stop loss at 79500; if it breaks, it means this wave of trend has temporarily weakened, don’t hold the position and don’t fight against it. We trade to earn money we can understand, not being greedy or making reckless moves. Entering at the support area during the pullback, take profits when it rises, it's most secure to cash out!

　　On the 2-hour level, BTC is currently within the northern channel, with the price retracing near the mid-channel, the support is valid. The EMA moving averages are arranged upwards, with the 90/120 EMA forming strong support around 79000. The current price is running above the 15/30 EMA, continuing the northern trend. The MACD indicator shows the DIF above the DEA, with red bars increasing, indicating sufficient upward momentum. The Bollinger Bands are expanding upwards, with the price between the mid-band and upper band. The short-term upper band resistance is at 81950, with support at 79800; as long as it doesn’t break the pullback, the focus remains on upward movement.

　　The 30-minute chart is in a short-term consolidation range, with the price running below the middle band of the Bollinger Bands, indicating a slight short-term weakness. The EMA moving averages are starting to flatten out, with the 15 EMA crossing below the 30 EMA, showing signs of a death cross. The MACD green bars continue to release, with slight strengthening in short-term downward momentum. However, there is strong support around the lower band of the Bollinger Bands near 80230, which has not broken the previous upward trend line. The consolidation range is between 80230-81540; if it breaks the lower band, it may further explore downwards; otherwise, it remains as consolidation for momentum build-up.

　　Northern and Southern Entry Points

　　Northbound: Enter in the range of 80100-80200, with a regret point at 79600 (breaking below the 30-minute lower band support), target 81000-81500;

　　Southbound: Enter in the range of 81500-81700 on a rebound, with a regret point at 82000 (breaking above the 2-hour upper band pressure), target 80700-80200.

　　Current consolidating market, do not heavily invest, do not hold positions, prioritize northward movements, southward only for short-term arbitrage, quick in and out.

Warm reminder: The above content is solely created by the author on Weibo, the advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully, thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。