The SEC has officially approved the Bitcoin spot ETF. This news is a big piece of good news for the market. It is not a big problem to start a bull market in the middle of this year.
Therefore, in the long term and short term, 50,000 is not far away, and reaching the top again is just a matter of time. Let’s take a look at the market trend structure from today’s early trading to the present. The Asian market fluctuated downwards and the lowest pin reached 45,600 in the afternoon. Although it was a breakthrough However, the continuity did not show up at the integer mark. It quickly recovered the early losses and the currency price came to consolidate above the 46,000 mark. There was no problem with our thinking in the morning, and we continued to go long after the callback.
Thursday afternoon market analysis
From the technical structure, it can be seen from the small cycle level that the bulls are gradually recovering from the afternoon decline. The currency price is currently fluctuating around 46,000 and it is expected that there will not be much fluctuation in the short term. Technically, it will take time for the bulls to counterattack. out, the KD third line has not yet shown signs of turning upward. On the whole, it is a cooling-off period after the news is announced. It is a great benefit to pass the review. The market will not change overnight. We just need to be patient and hold it. , in the afternoon, bulls are still expected to treat it.
Operation suggestions
Go long near 45800-45900
For the target, look at the 46700-46900 range. For defense, focus on 45400. If you break the position, look at 48000. Just backhand without breaking.
The new year has begun to give back to old fans. Here we seek buoyancy for everyone. The Bowan cabin renovation plan is ready. The environment will continue to be good this year. Everyone can make their own decisions. There is no limit on singing geese! Free guidance!
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