[2024.4.19 morning 10:06 BTC market analysis]
Recently, we have talked about the bad weekly pattern, which is a trend of callback. The daily line is brewing a pullback, consolidating at key points, jumping up and down in the short term, brewing a volatility profit effect, which is the gospel of short-term players, and medium and long-term players still need patience!
The mid-line fluctuation of the big cake is obvious at this moment. The 59800 line can't hold up, and the demand below is 54800/49000!
Focus on BTC today
Support 59800/54800/49000
Pressure 62900
59800 is regarded as the watershed of strength and weakness within the day, and the gains and losses of this point should be observed! Breaking through and stabilizing are two signals, and two ways of thinking are used!
In the morning, news of the conflict between Israel and Iran spread again, and the price of the big cake fell straight down by $2,600+. The market sentiment was immediately shrouded in panic. After brewing for a few days, it rebounded a little, and a piece of news directly wiped out all the gains. The current market is like a snake in the cup. The market is trampled at the slightest sign of trouble!
Operation suggestion: Short-term intraday scalping, intraday is intraday, don't be greedy! Long-term fixed investment can be made directly according to the plan, don't have any worries, and the golden entry point of the mid-term will be born at 4 o'clock. In addition to long-term fixed investment, the mid-term and short-term positions must be strictly controlled. Without positions, you will only be strangled by the market!
