The daily line is a positive line with long upper and lower shadows and an amplitude of more than 8%. The trading volume is basically the same as the previous day, which is a normal and substantial increase.
The daily MA30 line maintains an upward trend, and MACD shows an increasing upward momentum above the zero axis.
Yesterday we predicted that it would take at least a few days to adjust after reaching the 90,000 integer mark, and then rush upward after accumulating strength. Unexpectedly, after only adjusting for more than ten hours, Bitcoin started a new round of charge.
The trend remains strong. Don't short it easily. No one knows what kind of results it can get. It is recommended to buy on dips and don't guess the top.
Bitcoin is about to start moving towards the 100,000 mark.
Currently, the downward adjustments are all at the hourly level, and there will be no sharp drop at the daily level. The rise of Bitcoin has a blood-sucking effect on most of the copycats in the short term, but as soon as Bitcoin stabilizes, the copycats will follow suit.
Daily level pressure level 96050-109800, support level 84900-82400-80700-76800
From the hourly level, it is still moving in the 1-hour rebound within the 1-day MA30 line rebound. After reaching a new high, a top divergence pattern appeared. Because the trend is too strong, it is still rising after two divergences.
The price fell back to the 1-hour EMA52 line early this morning, which also happened to be the 2-hour MA30 line, forming a rebound.
The 1-hour level no longer provides support, and the 2-hour level rebound trend begins.
In the short term, you can go long at 87800 and 84900
From the three-day liquidation heat map
The price is going up, and there are some large short orders waiting to be liquidated in the 93250-94300 area
The price is going down, and there are a lot of large long orders waiting to be liquidated in the 87950-83250 area.
