Since the last big drop on the 6th, the market has been in a rhythm of large-range fluctuations until now. Strictly speaking, it has not completely walked out of the trend. So if you have to look at the trend of the recent market, it is normal for you to lose money. It can only be said that the price and technical aspects of the currency price have broken in the early stage, but have not reached the level of trend breaking, so it is easy to lead some people into the ditch, such as inducing short sentiment. Including today's market, there is no need to look at any trend. You just need to analyze where it will fluctuate and how much range it will be. Before breaking 90,000, there will be no so-called short trend, because Bitcoin will enter the deep adjustment mode only after entering below 90,000. Many people may not understand what it means. Yanling uses the Shanghai Composite Index to express it, and you should understand it. So you understand it? In the current market, you should continue to maintain the general direction of the daily level and do not change. As I said, don’t be too obsessed with shorts. Just look at the short-term.
From the weekend market, the recent K-line has been oscillating and consolidating in a relatively narrow range. Yesterday and today's K-line showed long lower shadows, indicating that there is still some buying support below. The current technical indicator DIF is higher than DEA, and the MACD histogram is positive, indicating that the short-term bullish force is strong, but it should be noted that there may be selling pressure near the previous high. The RSI value is close to 60, which is in the neutral to strong area and has not yet entered the overbought area, indicating that the upward momentum still exists. The 7-hour EMA (101707.2) and the 30-hour EMA (101003.1) are both upward, and the 120-hour EMA (99836.8) is also showing an upward trend. The overall moving average system supports the upward trend. The intraday operation is still mainly callback long, and the defense of the hourly support 99000 and 97000 below can be paid attention to. $BTC $ETH