9.24BTC market analysis

BTC high consolidation cycle has begun, bulls are blocked by the 65,000 integer mark, and a sideways trend appears in the short cycle. The current 4-hour K-line pattern fluctuates in the range of 63,000 to 64,000, forming a relatively stable box-shaped consolidation pattern, and the 64,000 mark has not been effectively broken through after multiple attempts. It can be seen that the upper pressure is relatively strong, and there is not much unilateral pressure.

From a technical point of view, macd is below the zero axis, but DIF and DEA are gradually approaching, with signs of golden cross, indicating that there may be a rebound demand in the short term. The market sentiment is neutral and sideways, and the EMA trend indicator shows a bullish arrangement, but the long-term trend is still positive. In the short term, the sideways trend has basically been determined, there is pressure testing on the top, and there is a certain support on the bottom. The idea is still recommended to go short on highs and go long on lows, and be flexible and changeable.

BTC long orders are traded around 62500, with a target of around 63500

BTC short orders are traded around 64000, with a target of around 63000

(Note: the release of each website is delayed, and the specific number is based on the tenth plate)

Today is different from the past. The market is exaggerated. Even if a lie is told a thousand times, there will always be people who take it seriously. The so-called entry into the market is only down-to-earth. A good risk control plan is more important than fancy language. Follow Qian Ruyu and trading will be easy. To be fair, the most important thing is to be real.

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