The large pancake 94000 couldn't hold and went down to 92800
However, it started to warm up in this area
The second pancake 3280 couldn't hold, but it didn't touch 3180
See original
Bitcoin Night Market Analysis
Good evening, friends, I don't know how you were doing yesterday. Yesterday's trend violently killed and liquidated long orders, and I don't know how many retail investors' hearts were pierced.
Looking back at the recent market, the divergence began in the morning of January 7th. After the one-hour indicator started to diverge in the morning, many indicators fell back from high dead crosses, and continued to consolidate with shrinking volume until 6 pm. This process can be seen as repairing indicators, and the focus should be paid attention to at 4 pm on the 7th. The one-hour indicator macd converged for the first time, the rsi attempted to break through the high level but was blocked, and the kdj failed to break through the low level. It can be inferred that the market dominance has changed from long to short, and the indicators also indicate a high possibility of the bottom.
The century-old trend of the market is exactly like this. Around 7 pm, the big cake broke through the 101200 and 100600 areas successively. After the competition was weak, the big cake was sold at 10 pm and failed to occupy the 99800 trend line. The next one-hour line was again large-scale, and successively pierced the 97700-97200 previous trading dense area. From here, the bulls were unable to protect the market and fled to avoid a second stampede. Before 4 am, the big cake continued to bottom out. After closing the cross column at 4 o'clock, it began to rebound and compete for the turning point before 97200. As a result, everyone saw that the multiple attempts in six hours were blocked and began to crush the bulls for the second time. Today, the two selling pressures were concentrated at 4 pm and 7 pm. After breaking through 95200, it went to 99400 and continued to seesaw after rebounding.
This is exactly the overall trend today, and the trend of the two cakes is more radical, and the trend is more simple. Since the opening of the US stock market on the 7th, it has opened high and moved low. The two one-hour lines at 10 pm and 11 pm have successively pierced the three previous supports of 3547-3495-3435. There is no sawing like the big cake, and the consolidation is roughly concentrated in the area of 3420-3360 at noon. The downward pin did not break 3300. The weak rebound is the divergence of volume and price, and there may be a second test in the future. No matter the rhythm or the indicators are tilted upward, there will be a period of repair here anyway.
At present, the big cake focuses on the turning point of the cycle 95200
The big cake focuses on 96000-97100-98700 above
The old range given before is 94000-92800 below
The second cake focuses on the 3360 area
The upper focus is 3430-3540, and the lower focus is 3280-3180
Both 3430 and 3360 have the possibility of creating a center
Everyone can plan the stop loss in batches around the range, and make more retreats or return to the rebound. $BTC #btc
Good evening, friends, I don't know how you were doing yesterday. Yesterday's trend violently killed and liquidated long orders, and I don't know how many retail investors' hearts were pierced.
Looking back at the recent market, the divergence began in the morning of January 7th. After the one-hour indicator started to diverge in the morning, many indicators fell back from high dead crosses, and continued to consolidate with shrinking volume until 6 pm. This process can be seen as repairing indicators, and the focus should be paid attention to at 4 pm on the 7th. The one-hour indicator macd converged for the first time, the rsi attempted to break through the high level but was blocked, and the kdj failed to break through the low level. It can be inferred that the market dominance has changed from long to short, and the indicators also indicate a high possibility of the bottom.
The century-old trend of the market is exactly like this. Around 7 pm, the big cake broke through the 101200 and 100600 areas successively. After the competition was weak, the big cake was sold at 10 pm and failed to occupy the 99800 trend line. The next one-hour line was again large-scale, and successively pierced the 97700-97200 previous trading dense area. From here, the bulls were unable to protect the market and fled to avoid a second stampede. Before 4 am, the big cake continued to bottom out. After closing the cross column at 4 o'clock, it began to rebound and compete for the turning point before 97200. As a result, everyone saw that the multiple attempts in six hours were blocked and began to crush the bulls for the second time. Today, the two selling pressures were concentrated at 4 pm and 7 pm. After breaking through 95200, it went to 99400 and continued to seesaw after rebounding.
This is exactly the overall trend today, and the trend of the two cakes is more radical, and the trend is more simple. Since the opening of the US stock market on the 7th, it has opened high and moved low. The two one-hour lines at 10 pm and 11 pm have successively pierced the three previous supports of 3547-3495-3435. There is no sawing like the big cake, and the consolidation is roughly concentrated in the area of 3420-3360 at noon. The downward pin did not break 3300. The weak rebound is the divergence of volume and price, and there may be a second test in the future. No matter the rhythm or the indicators are tilted upward, there will be a period of repair here anyway.
At present, the big cake focuses on the turning point of the cycle 95200
The big cake focuses on 96000-97100-98700 above
The old range given before is 94000-92800 below
The second cake focuses on the 3360 area
The upper focus is 3430-3540, and the lower focus is 3280-3180
Both 3430 and 3360 have the possibility of creating a center
Everyone can plan the stop loss in batches around the range, and make more retreats or return to the rebound. $BTC #btc
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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