Bitcoin's January 3 night session may
Let's talk about yesterday's market first. Yesterday, affected by the US stock market, the big cake jumped. Yesterday, it was expected that the big cake would continue for half a period after breaking through 97,000. Since the post was sent, the big cake has fluctuated violently in the 96,000-97,500 range, and the hourly line has seen multiple stages of tug-of-war. The differences between the two sides have reached a fever pitch, but they did not rush to decide the direction, but liquidated the bottom bearish positions. After the tug-of-war to the 97,800 area at 4 a.m., the volume shrank, the bulls weakened, and the indicators all showed downward and returned to normal.
The performance of the second cake yesterday was more intense. Around 4 p.m., it came to the pressure zone around 3535. As of the evening, it broke through 3500 with the US stock market, and then plunged back to the important range of 3440 mentioned. As of the dive to the present, the tug-of-war of more than 50 points of the second cake has gone through seven times in the mentioned range, and the 3425 support and 3475 pressure have been tested three times! It is in line with the high-frequency oscillation given.
Today's update is simple. The white plate index of the big cake is returning to the one-hour central zone of 96000. After breaking through, it did not continue, but was protected by buying here. The one-hour indicators restrained each other, the fast and slow lines of the MACD indicator were close to the zero axis, the RSI tested upward at a high level but was suppressed many times, and the KFJ rebounded naturally. However, the volume is relatively shrinking, and the performance of the second cake is more aggressive. There is protection during the decline and buying during the rebound. The second cake is moving towards the mentioned 3520.
Compared with yesterday, when the big cake was around 97500, the second cake was around 3475, and the current big cake is around 96500, and the second cake is close to 3500! The trend of splitting has appeared. The current market is extreme again. Let's look at the shock consolidation first. The tendency remains unchanged, high selling and low buying, and the turning point in a short time may have been suppressed and corrected. It is expected that after consolidation, there will be a sawsaw at the weekend.
Here are a few positions that need attention for the big cake.
Focus on 97200-97800-98200 on the top
Focus on 96000-9520094000 on the bottom
Two cakes are divided, and the overall situation is the consolidation of the large box
Focus on 3505-3545 on the top
Focus on 3435-3400-3365 on the bottom
$BTC #eth