5-10 Bitcoin Analysis:
Yesterday's news was positive about unemployment benefits. The number of unemployment benefits was significantly higher than expected, thus strengthening expectations for an interest rate cut. This is a potential benefit to the pie. The pie also closed well today, with a positive and negative result. If the pattern appears, then we are generally more bullish on this pattern.
However, this period of rising prices is still more inclined to rebound, and it has not yet exited the rising market, so long orders need to be cautious. Currently, there are two main liquidity players above 652 and 672 that have not been removed. We cannot define the current situation if they are not removed in one day. For rising prices,
From a short-term perspective, the neckline position of 628 has been broken through and stabilized, so it is very likely to touch the previous high position. Therefore, the current market needs to be taken step by step and pay attention in real time. Recently, the market makers have fake breakthroughs and fake falls. Breaking the pattern has made many people numb #BTC