On Friday, the bulls gradually exerted their strength, and there is still room for profit after the retracement!

In the morning, the idea was very clear, first short and then long. Although the market was moving slowly, the overall trend was very consistent with expectations. After the short short idea in the morning quickly realized 600 points of space, the idea was adjusted to be bullish. The real market entered the market at noon and evening, and the profit was more than 1,700 points again. The Ethereum 1 short and two short positions that followed up simultaneously also had 150 points of space to pocket. At present, the price of the currency has broken through the 98,000 line, and the upper space has been opened. There is still room for profit after the retracement.

As far as the current situation is concerned, the rise of Bitcoin is mainly due to the serial liquidation of short positions, because ETFs are actually net outflowing funds in this wave of pull-ups, but the price of Bitcoin rose in the early morning of today, and has now broken through the daily middle track of 98,000. As I said before, once it breaks through and stabilizes, it is possible to further test the 100,000 mark. The intention of the dealer is very obvious now, which is to explode the short positions of the contract and liquidate them as fuel for the rise. When the short positions are liquidated, they need to be forced to buy back the shorted coins, forming a buying order, causing the price to rise, which will explode more short positions. At present, there are nearly 10 billion fuels for short positions. Therefore, it is not ruled out that there will be a slight retracement at midnight or no retracement at all to continue the rebound, and continue to explode another wave of short positions. Therefore, the retracement strength at midnight may not be too great. After a slight retracement, it will continue to rise and see the continuation of the long wave!

At midnight on Friday, Bitcoin slightly retraced to 97,500 and continued to be long, looking at the 99,000-99,500 area. After going up, it will show signs of pressure and then go short. Ethereum has now broken through the range of more than ten days of shock, and the 3550 line may form a top-bottom conversion. Refer to this position at midnight and follow up with Zuoduo. First look at the vicinity of 3630, and then look at the 3800 line. There may be repeated fluctuations in the middle, and you can enter the Duo order at a low point. #比特币走势观察