Evening flight conditions are either a surprise or a scare, this round of over three thousand points in the waterfall is really something. In the evening, I publicly mentioned entering a short position after taking profits, but unfortunately, the flight conditions were not supportive and never provided a strong stretch. Our short position after the rebound ultimately only managed to break even and exit, while the alternative was even weaker, and it was a pity to see the position helplessly swept away. Later, observing the weak rebound before the waterfall hit, I took the opportunity to enter a long position, successfully securing over two thousand points in profit, but I did not provide a corresponding strategy in time, so again, it was only a sharing without counting towards the results.
From the current market, we can see that the evening's round of pullback has completely erased yesterday's long gains, creating a gap. The relative price has once again entered the weekend's oscillation range, indicating signs of further downward extension. From the four-hour level, with a massive downward trend in the evening, the MACD and KDJ are in a dead cross resonance, with both lines continuing to diverge downwards, indicating a need for the flight conditions to test the bottom support again. In the midnight session, we can treat it with high patience.
Big Cake: 97800~98200 range, looking down to 96000.
Alternative: 3490~3520 range, looking down to 3380. #BTC重返10万 #比特币走势观察 #加密市场反弹 #BTC #ETH $BTC $ETH