Bitcoin is experiencing a short-term rebound? Investors need to be alert to key support levels

Look at the candlestick chart. The price is still fluctuating. It is up a bit compared to 8 a.m., but down a bit compared to 7 a.m., and still up a bit compared to midnight. Although the price has fallen, the trading volume has increased, which shows that sellers are actively shipping and there is great selling pressure. This may be because everyone is not optimistic about the future price, or they have heard some bad news and started panic selling. Therefore, the price may continue to fall, because there are many sellers and the market sentiment is relatively low.

Investors have to be careful to see if the price will fall below the important support point. If it breaks, it may fall more sharply. Now the trading volume is getting bigger and bigger, but the price is still falling, and the selling pressure is obvious.

The Williams indicator shows that it is not yet time to overbought or oversold. Compared with 5 a.m., the current trading volume has reached a new high, and the market is quite active.

The trading volume is increasing, but the price is falling, which shows that the selling pressure is indeed great. Although the price may rebound sometimes, we still have to pay attention to those key support points and stop losses in time to prevent the price from continuing to decline.

We have to learn to be smart. When the market is not good, it is a good time to pick up bargains. Don't always think about not missing opportunities. In fact, opportunities come quietly when everyone is afraid.

Then, whether it is rolling positions or daily contracts, I have already started to implement them. The fans who followed today are still profitable

For many new fans, most people trade blindly, following the hot coins and the increase list.

There is not even a psychological expectation of the callback point or the target point. Go with the flow and move forward anxiously, just like gambling on the size. I can only say that if you trade like this, you will lose a little every time, and the final result will become fertilizer for the market and return to zero.

If you are like this, click on my avatar to follow me. As a professional trader and a senior player in the currency circle. My position suggestions will definitely help and refer to you!

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