In the afternoon, the bears continued to drop in volume, breaking the short-term support and once pulled back to around 95,500. The dog dealer also cleared a wave of longs again. In the absence of data as a key point to drive the market, it went out of a deep pullback, which also made us leave the long orders arranged in the afternoon. Later, we also reversed and followed the shorts to recover certain losses. The estimate we gave for the day was also relatively low, and we continued to hold after replenishing the position at a low level. It was somewhat unexpected that such a strong volume came out during the Asian session. It was indeed uncomfortable to lose the order, but how to recover the loss later was particularly important.
The market repeatedly pulled back to test the bottom support of 95,000, and the daily line also fell in the form of a middle-yin K. The market spit out the strong pull-up of the previous two trading days, but the bears did not continue the support of the lower track. There is still a chance of a pullback during the day. The market tested the 95,000 support. For the time being, we will wait and see whether the 95,000 support will fall below. If it breaks, we can follow the trend to look around 93,500. If it does not break, we can directly look at the pullback. In the current market, without the opening of the US stock market as a driving force, and without clear negative news to drive it, we can still maintain a low-to-high mentality to treat the market. In the evening, focus on how the US stock market will open after a day of rest. In terms of long-term operations, wait and see. #BTC上攻11万? #币安Alpha第7批项目公布 $BTC $ETH