Mu Feng's Trend Analysis: 4/11 Midday Market Analysis with Operation Suggestions
The short-term market has been very ferocious in the past two days, and the dog dealers are really ugly! It is highly likely that Bitcoin will rise after the halving, but in the period before it arrives, especially in the past two days, the short-term market is really like the final wash before the halving. The market made a false move last night, and the key support of the low point was not effectively broken. The rebound after the late trading continued to the early trading today, but it still failed to stabilize above 72,000. The trend remains repaired and adjusted. Although the bulls have turned around, they have not been overly strong and formed a unilateral breakthrough. They are still adjusting with wide fluctuations. The upward trend is currently under pressure and the small cycle has stopped rising. The turning point of the moving average is facing the conversion of long and short in the short term. The afternoon idea is to look at the bottoming area after the pull-up, and the high-altitude idea is mainly carried out. Specifically, For reference:
BTC: 71200-71500 short, target 69000
ETH: 3600-3620 short, target 3500
The above suggestions are for reference only. The specific operation shall be subject to the real-time guidance of the real market. "Official Account: Mu Feng Watch Trends" Welcome to communicate and learn together! #比特币减半 #CPI数据 #大盘走势 #新币挖矿 #非农数据