$BTC has no favorable news from the leader, shorting. Sorry, I want to play the air force for a few days.
【Today's Market Analysis - BTC - 11.4】
Only for technical analysis learning, not as investment opening advice. Profits and losses are at your own risk.
1. Daily: The market will not be calm for a few days before and after the election. There will be violent fluctuations. The recommendation is to hold a large position, and during stable periods, it is necessary to be in cash. Today's market is currently consolidating around 69. There is a high probability it will continue to drop from this position between 69 and 695. The lower position around 675 is a high probability area that will be revisited. Note that the above positions are only applicable today. As the election approaches, the volatility is intense. Be sure to pay attention to the leader's favorable news. No news means negative. Positive news may lead to a price surge.
2. 4H: There are large short positions hanging above 695. Currently, it is in a downward channel, with no large capital participation, and is in a narrow range of fluctuations.
3. 15min: The price is fluctuating between 686 and 692. Without favorable news from the leader, technically, shorting can be considered.
Intraday trading thought: Cautiously hold a large position and observe. No favorable news from the leader, shorting.
