Friday, evening thoughts
After a round of decline in the early morning, the price of Bitcoin has continued to fluctuate upwards at a slow pace. So far, it has risen as high as the 61,200 area, with an overall increase of 2,000+ points. The current price is fluctuating around 61,100.
On the surface, Hangqing is running around the range in part, and the price is slowly moving upward after hitting the bottom. In the short term, the bulls are slightly stronger, but it is not extremely strong. After all, the 4-hour structure is still weak, and there is no such thing in the market. There is no Hangqing that only falls but does not rise. There is no Hangqing that only rises but does not fall. A rebound after the decline slows down is also within the normal scope of Hangqing. In the evening, focus on the resistance above the 61500 line. If it does not break, rely on this level to be bearish. .
Evening advice
The big pie is empty in the 61300-61500 area, look at 60000-59500
Ether 2430-2450 area is empty, look at the 2350-2320 area
Meeting at the top is not an accidental encounter, but the inevitable result of choice and hard work. If you don’t understand the trend and can’t figure out the direction, you can stay close to the old horse without getting lost!
