Weekend Bitcoin Morning Insights: The rebound is minimal, and the subsequent layout remains bearish!
The Bitcoin story has once again replayed ups and downs, falling all the way from around 99,500. So far, the lowest price of the currency has reached 97,136. The long and short positions have been too frequent, and the general trend is still in the short position, but the rebound is also strong. The current price of the currency is fluctuating around 98,000!
Yesterday, Lin Kun emphasized the need to go short all the way. I believe that the partners who followed him also have a certain space to pursue. For such a wide range of volatile market conditions, it is very important to operate at the point of interest. In other words, when dealing with trends, there should still be certain insights. It is not advisable to chase ups and downs. Both long and short positions have the opportunity to enter the market, but how many people can really grasp the market?
From the 4-hour chart, the market is still running below the downward trend line for the time being. The volatility base is still relatively large, and the rebound strength should not be underestimated. It is not yet certain whether it is accumulating momentum to go higher or to fall back under pressure after a second high test, as the daily line begins to blunt. So short-term needs more observation. It is not ruled out that it will fall again after consolidation here. The long-short switch is just a matter of a large real body K-line, so we should treat it rationally and continue to rebound and continue to short!
In terms of Bitcoin morning operation, Lin Kun personally recommends shorting when the price rebounds to 98500-99000, and the target can be around 97000-96500!
I am Lin Kun. Not all teachers are suitable, and there is only one teacher who suits you. On the road of investment, you will not make do, and I will not be perfunctory. Let's create a bright channel for us together. May luck accompany you on the road of investment, and profits accompany you. If you have ideas, feel free to drop! #谁将成美SEC新主席? #BTC创历史最大月度涨幅 #比特币突破10万? #ETH市场新动向 #SOL创历史新高 $BTC $ETH $BNB