Good evening to all friends in the cryptocurrency circle! I am your swing goddess, Man Shuang! After a tentative test of the 90,000 level during the day, the market faced pressure and experienced a pullback, with the lowest point reaching 85,159. The current market is dynamically adjusting around 86,000 for consolidation. From a technical structure perspective, the market attempted to break through the 90,000 level twice today but was unsuccessful, and the subsequent pullback was indeed expected. The big market has three major coins and one altcoin, with the major coin falling 4,200 points and the altcoin taking a profit of 80 points! It's just that today’s back-and-forth of ten thousand points has indeed shocked many, remember CZ's words, do not trust anyone or any institution that sings the blues for Bitcoin, the pullback has already occurred, no need to worry too much! It’s just that the rise was too rapid, a pullback to cool down and take away some blind chasing is not going to affect the continued upward movement! #DOGE看涨情绪飙升 #比特币搜索热度攀升 #Mt.Gox地址动向 #加密货币总市值破3万亿美元 #BTC连续破新高，你看到多少？
From the four-hour chart, although the overall market shows a bearish candlestick, the risk of breaking the current upward trend line is relatively low. The overall market structure still maintains an upward trend, with a one-sided rise followed by a bearish candlestick pullback. Considering that the Bollinger Bands have not yet completed their adjustment, and there is a certain distance between the price and the midline, it is expected that in the short term, the market will have the opportunity to continue accumulating upward momentum after a high point. Based on this analysis, we can continue to consider the 85,000 level as a key support point.
Wednesday early morning thoughts and operational suggestions:
Enter directly near 85,000 for the major coin, looking up at 88,500, 90,500, and 93,000; for the big pattern, look directly at 95,000, and ensure to have a stop loss, everyone should manage their own positions cautiously, do not rush in, take it easy!
There is no investment that does not make money, only unsuccessful trades! Making money relies on opportunity, investing relies on wisdom, and financial management relies on professionalism! We do not seek to double our funds in one day, nor do we seek to get rich overnight; we only seek stable profits, to cash out safely, and to provide stable signals for genuine cooperation!
