The volatile market is always boring, with limited daily fluctuations and not much room for operation. However, we must keep an eye on the volatile market because the volatility will eventually end and unilateral movement will come.

Bitcoin has been trading sideways at a high level for a long time, especially the second surge a few days ago. Although it hit a high point, it was still an up-and-down trend without a sustained unilateral move.

After this pullback, the continuation of the bull market remains to be considered. Although we can see from the pattern chart that the top price is moving up and the defense point below is constantly rising, the roller coaster pullback after the surge has caused the daily MACD to show signs of divergence and there is a risk of a pullback.

From the form, we can see that it has reached a critical point for long and short decisions recently, and the 30,000 mark is the only defense point now. Once the upward trend line support point is broken, the subsequent decline will come out and retrace the 50% Fibonacci retracement point of the rise from 24,690 to 31,900, which is around 28,300. In other words, once the decline breaks, the space below will open up, and there will be an opportunity for mid-line layout. If you want to seize it, you can follow me.

If the 30,000 mark is successfully defended, it will rebound again to test the pressure of the high point, that is, it will enter a shock again, and the bulls and bears will continue to pull.

Although there are recent fluctuations, good market conditions are about to come. Everyone can seize this opportunity. I wish everyone will make a profit when opening an order.

In terms of operation, CeShen tends to short, and you can find positions in the 30200-30800 range. Just place long orders around 28300. If you can successfully predict this mid-line this time, you will make a lot of money.

The above are all predictions of future market conditions. How to plan specific ideas, how to control positions, and how to choose currencies? If you find it difficult to operate in this market, or even confused, you can take a look at CeShen’s ideas. For specific real-time layout and unwinding ideas, you can contact me privately!