1. On Thursday, 9th, the decline stopped, and short-term attention should be paid to rebound correction
Bitcoin continued to fall today, and rebounded after hitting the lowest level of 9250 in the early morning. It has now returned to the 95000 line. In recent thinking, it has been bearish all the way, and it is also mentioned that the bottom is 92000. The market finally touched the 92500 line and rebounded. In recent thinking and layout, good gains have been achieved. The short-term downward trend has stopped, and the thinking can be changed to treat it with a low-multiple thinking! Don't blindly chase the empty.
It is easy to see from the daily trend that the price of the currency has some support after touching the lower track of the daily line, and then rebounded. It is obvious that the support has not been broken, so it is necessary to pay attention to the rebound of the market. There is no large unilateral trend at present, so the market will not fall or rise all the time. Similarly, the K-line on the 4-hour upper line closed with a long lower shadow Yin line, and the decline stopped and rebounded quickly, so it can be determined that the support is still relatively strong. This is also the rebound correction action given by touching the lower track support lock of the daily line. The idea at the beginning of the week was to escape the top perfectly, and now it is to escape the bottom. It is not recommended to blindly chase the short position in the short term. Just treat it as a low-long strategy!
On Thursday morning, it is recommended to buy Bitcoin near 94500-94000, and the target is 96000-98000.
On Thursday morning, it is recommended to buy Ethereum at 3300-3280, and the target is 3400-3500.
To make a deal is not to blindly follow one direction, you must know how to be flexible. Again, the market will not always rise or fall. Whether you can make money depends on your ability to respond and the opportunity to discover market changes. #加密市场回调 #币安Alpha上新 #本轮牛市周期预期 #币安MegadropSOLV #微策略持续增持BTC $BTC $ETH $XRP
