[Warning on the eve of the Bitcoin storm? Six days of fluctuations, 70,000 surges or 50,000 plunges, the answer is about to be revealed! ]
Dear friends, Bitcoin has been hovering around the 63,000 mark for six days recently, and many questions have come up: Where will this round of market go? Is it ready to go straight to the sky, or will it continue to fluctuate, or even slide into a trough? Please be patient, let us analyze the current situation together.
In-depth analysis of the technical side:
What kind of mystery is hidden in the mystery of six days of sideways trading?
On the K-line chart, Bitcoin is firmly rooted near 63,000, and short-term fluctuations are minimal. At this moment, the dealer is quietly laying out, and this area is actually the key area for chip exchange. Retail investors are confused, while the dealer is patiently waiting for the best time. Remember, the longer the fluctuation, the more amazing the explosive power when breaking through!
Resistance and support analysis:
Above 65,000, the former solid defense line, the dealer frequently tests, intending to induce the shorts to show up. The 60,000 mark below is the last bastion for the bulls to hold on to. As long as it is not broken, the bulls still have hope of a comeback.
Market sentiment perspective:
Retail investors are confused. Faced with the static Bitcoin, they are anxious and impulsive. Some are eager to cut their losses and leave the market, while others take the risk of leveraging to try their luck. However, this is exactly what the dealers like to see. They use the period of volatility to quietly collect chips, and when the time is right, they will catch many retail investors off guard with a big rise or fall.
Future trend forecast:
Bitcoin has entered a sensitive area, and the possibility of breaking through 64,800 in the short term has greatly increased. Once this level is broken, market sentiment will spread like wildfire, and it is not impossible to rush to 70,000. However, if it unfortunately falls below the 60,000 support, the volatile market may continue, and it may even further explore a more solid bottom support.
Operation strategy suggestions:
Spot layout: It is recommended to cautiously build positions in the range of 62,000 to 63,000, and then gradually increase positions to expand the results after the breakthrough signal is clear. Contract operation: You can try to buy with a light position near 63,000, and the target is 65,000. If it breaks through successfully, then decisively increase the position to pursue. At the same time, be sure to set a stop loss order at 60,000 to effectively control potential risks.
