$BTC

Share the current market analysis.

Weekly:

Last week's closing line was a medium-sized Yang line with a short upper shadow. The shadow line indicates that there was a small wave of selling pressure above. There is no reversal signal for the time being, which indicates that the subsequent market is likely to continue to rise. From the details, this Yang line is shorter than the previous Yang line, and the volume is stronger than the previous one. It shows that after a fierce battle between long and short positions, observe whether there will be a stagflation signal in this week's closing.

Daily:

The closing line combination on November 12 formed a large-volume pregnant line, indicating that the market is likely to enter a shock consolidation or correction. A new high was formed on the 13th. It is currently hovering in the oscillation range between 93483-85121, which is a consolidation after a wave of stretching. Wait until the consolidation cycle is extended before judging the strength of long and short positions. There are currently two support ranges below, around 85000-80500. The small negative line with shrinking volume in the morning, because the trading volume is low on weekends, the reference of volume is relatively weak, and the probability of continuing to maintain shock consolidation is relatively high.

Summary:

The weekly level is in the mid-term bull market, and there is no reversal signal yet. The probability of continuing to rise is relatively high. Observe whether there are signals in the subsequent market.

The daily level belongs to the consolidation market in the upward trend. The shock range has not completely gone out of the clear range, so it is temporarily divided into a small consolidation range of 93483-85121 to observe whether the subsequent K-line situation forms a new low.

As the big cake enters the daily consolidation range, each cottage has the idea of ​​rotating the sector. First, mene will take the lead, and then the old public chain, the new public chain, and the chain game will gradually start to rotate. However, except for the meme sector and individual currencies, the stretching range is likely to continue to raise the high and low points, and the stretching range will not be too large. It is necessary to wait for the big cake to stretch in place, and then it will be the beginning of the cottage.