7.12 Coin Circle Academician's latest market interpretation: Bitcoin short orders have eaten up 2,000 points in a row! Can the 60,000 mark be broken? Can the shorts have the last laugh? The fundamental of trading is survival, followed by profit. You must have your own system. Only those who survive in the coin circle for a long time and persist to the end can get the results you want. I hope you can understand. I am a coin circle academician, a warrior who has been protecting leeks. I wish my fans to achieve financial freedom in 2024. Come on! On the 10th, Bitcoin was shorted at 58500, and half of it was sold at 57500, which cost 1000 points. On the 11th, the short position was covered at 58500, and 57500 cost another 1000 points. As of 1:00 a.m. before the release of this article, the current price of Bitcoin is around 57600. The highest daily K-line is around 59700, and the lowest is around 57050. The pressure level of the EMA15 fast line indicator has come to around 59200. MACD has diverged, and the shrinking volume and increasing funds continue to rise. The contraction of DIF and DEA is blocked, and KDJ opens upward. Multiple indicators have bullish momentum They are all very strong, but they have not reached the key pressure level of 59800 to 60300, which means that the bears do not want to reach this position. KDJ continues to spread upward, and the downward channel of the Bollinger Band remains unchanged. The daily K-line has come below the Bollinger Band medium pressure level of 60,000, and the lower track support remains unchanged at 55,000. The top and bottom pressure levels of the major trend level are around 60,300. The four-hour K-line has a double top, and the EMA trend indicator shrinks. EMA90 becomes the short-term pressure level of 59200, and the support point is around 57,000. MACD The volume is reduced, DIF and DEA are shrinking, KDJ is pulling back and spreading downward, and the short trend continues. Although the four-hour K line broke the upper track of the Bollinger Band once, it was a news breakthrough, not a technical breakthrough, so it stepped back to consolidate near the Bollinger Band 57600. This is a normal cycle. After the market probed the top and bottom trend level pressure level, a double top situation appeared at a small level. Then there is a high probability of sideways trading in the short term. The idea is very clear. As long as the general trend does not change

Short-term reference: The short position near 58500 to 59000 is still held. It has recovered 2000 points. Continue to hold unchanged. The target is 57500 to 57000 to make a profit. The defense is 60300 to cover the short position. The stop loss is 60700. Go long in the range of 55500 to 55700, stop at 55000, exit at 57000, and make a profit at 58000 to 58500. The suggestion is for reference only. Risks are borne by yourself. #BTC #BTC合约 #比特币合约 #热门趋势 #热门内容 $BTC