5.6 Bitcoin Evening Market Analysis:

The 1-hour chart shows that the price of Bitcoin continues to fluctuate slowly at a high level during the day and is under pressure. In the evening, the bears suddenly exerted their strength to smash the market. At present, it has fallen to the previous low support of 62,800, temporarily slowing down the downward trend. The 4-hour chart shows that the price has just fallen to the middle track support. In the short term, the overall trend is still biased towards an upward trend. As long as this line can be maintained, there is still a chance for the bulls to rebound after the bottoming support. At present, the Bollinger Bands have begun to shrink, the MACD golden cross bullish momentum continues to shrink, and the KDJ turns downward from a high position. This phenomenon may also go out of a wave of declines to lure the bears and then the bulls increase their volume again. It is recommended that after stepping back on the support, the operation idea is firmly optimistic about taking more and patiently waiting for the market to explode. Real-time guidance: btc0798

Bitcoin operation suggestions:

62,500-63,000 long, target 64,500-65,500 stop loss 62,000

It is easy to be affected by emotions when dealing with the market alone, resulting in a long-term situation of more losses and less gains. Friends who are not ideal in operation and can't find a direction can get on the bus for consultation.

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