4-17 Bitcoin analysis:

Judging from the daily line, this wave of decline has only fallen by 18%. It is now approaching the time when the pie is halved. I personally think it would be better to continue to fall and cleanse those 5 times leverage. If it falls below the 592 position, it will be reversed. This will It also perfectly cleans those with low leverage directly.

Judging from 2 hours, there are still three days until the pie is halved, but it has been testing the support area below recently. Once a retracement occurs during the halving, once the 5.9W support area is lost, there will be almost no support below. ,

Therefore, the egg is more inclined to insert the pin to falsely fall below the 5.9W position and then break the bottom and pull back up. Otherwise, the short-term triple top is established, and there are only some order blocks at the 5.7W position below, which is also a bit of a small support.

But once there are too many selling orders and too much momentum, this position will fall. Once it falls, the next support is the 5.2W position. Using Fibonacci, the 5.2W position is also the 0.618 position, so We should be aware of the risks, and we should be vigilant.

This is not to be pessimistic, but to tell you the risks, of course! If the market can break the bottom at 5.9W and start a big surge, I will also be happy to see it. After all, I also have a lot of spot money, and I will not be happy if it falls. #BTC #比特币减半