Thursday summary and early morning operation ideas: Unwind ~ short!
Today's harvest is good, all the layouts are available. Although the market continues to fluctuate sideways during the day, it does not affect our overall thinking at all. The short-term total is more than 1,400 points. If you can't do it yourself, come and find it.
Bitcoin's daily trend, after bottoming out and rebounding in the evening, the short-term rebounded to a certain extent, but the upward momentum was not strong, and it was not enough to change the current weak structure. The rebound failed to form a reversal. At present, the short-term is subject to resistance in the 62,500-63,000 range. This also shows that it is still dominated by oscillation and shorting, and there is a high probability that it will continue to decline.
Midnight welfare 🧧 go for a wave, 3-5 benches, no threshold!
First wave:
(1) Bitcoin short at 624, sell at 62406, get 471 points;
Second wave:
(1) Bitcoin short at 62710, sell at 62147, get 563 points;
In the four-hour view, the current price rebounded and touched the middle track of the Bollinger Band. In the future, we can pay attention to whether the price can stabilize above the middle track, that is, above 62500. If it stabilizes, then the correction in recent days can basically be said to have stabilized the situation, and the chance of price rebounding in the future is greatly increased. The short-term market is in a state of repair and consolidation, and the decline is temporarily suppressed. Overall, the intraday trend of Bitcoin prices has begun to pick up, but the upper pressure is strong, so the operation suggestion is to go short at high prices and go long at low prices.
Operation suggestions for Thursday morning:
Bitcoin: Short-term rebound around 62500-63000, short is possible, and the target is 61000-60500.
Ether: Just follow the same idea, lock in the position, and take good defense! #BTC走势分析 #BTC #ETH