July 22, Bitcoin intraday summary is as follows:
Bitcoin once again went through a small roller coaster trend during the day, with more than a thousand points of space being pulled back and forth. The long and short positions were too fast, and the market did not have a strong continuity, so there was not much layout given during today's trading. The overall trend of Bitcoin was very consistent with our expectations. Lin Kun had emphasized before that it had been in a bullish trend, and the pullback would not be particularly large. You could enter the market with a slight pullback!
In the afternoon, we went long at 66950 for Bitcoin, and the market went out of a small stretch, and we left the market with 850 points of space!
In the evening, we again reminded Bitcoin to go long near 66570, and the target long order was still held, waiting for the market to rise!
The market is often like this, it strikes again when you are not paying attention, and continues to count the rhythm of U. The market trend in recent times is still relatively extreme. Our intraday layout is also as expected, and it has been smooth sailing all the way. If you have partners who are not sure, you can join us and do dog dealers together!
From the daily chart, we can see that the Bollinger Bands are currently opening. Although the short-term resistance level is at 68500, from the overall trend, it is a standard downward pattern. Although a cross star was collected yesterday, the cross star did not show signs of stopping the rise. It is only a correction cross star in the rising process, not a cross star that stops the rise. We need to be careful of the acceleration of the bulls after breaking through the upper 68500!
From the 4-hour chart, it is currently in a shock upward trend channel. The currency price rebounded and then went out of the correction, but the overall downward trend just repaired the moving average indicator. Although it is currently running near the middle track of the Bollinger Bands, the middle track of the Bollinger Bands continues to open upward as a whole. The overall upward trend is still maintained, and the KDJ indicator is currently in a comprehensive upward strengthening form. Therefore, for 4 hours, once the resistance level of the upward trend channel is broken again, the bulls will continue further, and the long market correction will continue to be long!
In terms of Bitcoin midnight operation, Lin Kun personally recommends shorting the price of the currency when it falls back to 66850-66350, and the target can be around 68000-68500!
As the saying goes, a good horse seeks a good master. In this world of long and short positions, if you are in dire straits, Lin Kun is willing to lend a hand to you. Find Lin Kun on Weibo, and Lin Kun will escort you in the currency circle!#比特币大会 $BTC $ETH $BNB