There is no good news for the sharp rise in the early trading. Bitcoin will wait for a pullback to buy more!

I haven't watched the market for more than half a month, so the accuracy of my views may not be very high. It is for reference only and can be regarded as a joke! Bitcoin's weekly K closed with a small negative line with a lower shadow. It closed 3 large positive lines in the previous three consecutive weeks, so this small negative line, but with such a long lower shadow, is not to be feared, but MACD and KDJ, it has not weakened, but the short-selling force is weakening and fading...

The daily K level closed with a negative cross star on Saturday, and a medium positive line on the weekend. The opening in the morning was directly pulled up. The price stood above the middle rail of Bollinger. The MACD short energy column continued to shrink. The KDJ three lines bonded and crossed upward. At present, the bulls still have the advantage. From the short-term level of 4 hours, the Bollinger band opened and the price stood above the upper rail of Bollinger. The MACD long energy column continued to increase in volume. KDJ went up all the way after the golden cross. The bulls were strong, and the operation was mainly low and long!

The direction is determined to go long, and the next step is to find a support level to get on the train and take long. There has been a direct pull in the morning. It is said that a sharp rise in the early trading session is not a good thing. If Europe does not break the bottom, the US will fluctuate. Next, focus on the retracement of the European session to see whether the early trading session is a pull to induce long behavior, or the bulls are in a strong mood and ready to go. The current price is 63800. If there is a retracement below, the long position can refer to the 62800 line, followed by 62300. These two positions are the positions where you can take long after the retracement. Of course, the market may not retrace. The European session has been oscillating, giving everyone a situation of inducing shorts, thinking that it can't go up, and it will fall if it stays sideways for a long time, so everyone goes to the high altitude, and then continues to pull up. As for the current market, it is not easy to chase long directly. We can only say that we will wait for the retracement to take long. If the retracement is weak during the day, we will consider entering the market in advance at night, or directly chasing long at that time. It is possible. There is no arrangement for shorting at present. The market is bullish and there is no demand for retracement for the time being. Wait patiently, opportunities are waiting!

Strategy: 62800 and 62300, target 63900 and 64500, defense 62000

The above is only my personal opinion, investment is risky, please be cautious when entering the market! #非农人数大幅升温 #HBO纪录片或揭示中本聪身份 #美SEC对Ripple案裁决提出上诉 #Bitwise申请XRPETF