##BTC
1h ma120 above the 200 line can still have 1500 points. The structure of the pie was around 7.09 yesterday. The view that it is strong to maintain above 6.72 is also valid.
However, the trading volume in the past two days is very low, and the sentiment is not strong.
It is worth noting that the current pressure is the 1h level structure destruction zone, and the short-term correction is based on the 15m middle track of the picture just posted. Only when it falls below the yellow line can we see a larger decline
It is still a long way from our target of 7.09
Tomorrow we will close the weekly line, pay attention to the fluctuation of tomorrow's closing line, and if the weekly line does not close with a positive line, we will continue to see fluctuations
The turning points of the cycle are still the same 7.2 6.6
Intraday support:
6.72 6.6 Pressure 7.1 7.2
LIVE
There were two ideas for BTC yesterday: short at current price and short at 6.84 after falling below 6.72. No matter which one you do, you will have a good profit.
If you remember, 1hma 120 200 moving averages. I have emphasized this many times. They are key indicators in the rising stage. The callback is also a good indicator.
[So this is a good indicator for judging whether you can get out of the callback.]
My view in April has always been that shocks are the main focus. More contracts are pushed and moved. As long as the spot is obedient and maintains 4-5 layers of warehouses, there is no need to panic.
The key support in the past few days is 6.6
If it does not break, there is an expectation of 7.09 [but if the turning point of 7.2 is not reached, the shock will be useless]
Support 6.63 6.53
If it stays above 6.72 during the day, it will be strong. If it falls below, go to the key position of 6.6 and wait
