Let's talk about yesterday first. After a whole day of sideways trading over the weekend, the narrow range turned into wide fluctuations. The 93870 and 3346 that need to be paid attention to were reached successively.
During this period, the market diverged greatly. From the sideways trading and the tug-of-war, we can see that the market has too much hesitation about the future market, whether it is the trading volume or the destruction of the structure. Many people may regard the process from 952 to 93000 as the destruction of the channel, but the trading volume during this period is relatively small, and the trading volume on 12.30 is arranged in a cross-over manner.
Overall, it fluctuated at a high frequency in the range of 93000-94000. The overall volatility can be sent to a large range, but it did not actually move, indicating that it is not yet time for the general direction to arrive. We regard this wave as a wide fluctuation. In the current structure, there are few wide ranges exceeding 3,700 points at the pass, but it is not necessarily impossible. After all, the wide range of 6,000 points in a single day has been seen. We will not elaborate on the direction this time.
The two biscuits are similar in general, and the current focus is on the 3350 and 3430 areas.
Focus on 95200-96400-97200 above
Focus on 92800-91600-87000 below
When it was issued, the big biscuit had moved from 93400 to 92800, and the market moved faster on weekdays $BTC $ETH #btc #eth