Today, Bitcoin hit a high of 68482 and then fell back, still 1.2% away from 69500.
RSI is consistent with yesterday, the daily top divergence, and the 4-hour line is smooth.
The daily volume and price are relatively high, and the relatively large volume (compared with the previous 4 days) enlarges the cross star. This is a typical manifestation of the intensification of the dispute between long and short positions, which will form an enlarged cross star with long upper and lower shadows (many buy and sell orders and evenly matched).
Tomorrow, the 23rd is the day when Ethereum ETH is announced, and a wave of fluctuations is inevitable.
The first possibility: According to convention, the realization of good news is bad news, so this bad news affects Bitcoin and cottages, leading to a new round of large-scale decline.
The second possibility: Good news is good news, and it is possible to hit around 66,000 first and then pull back until it reaches 70,000 or even more.
I personally prefer the second one, but I can't do without the first one, so it would be wise to reduce operations at a relatively high level in a stage.
For those who don’t know how to analyze and want to learn more about the relevant knowledge of the cryptocurrency circle and first-hand cutting-edge information, please follow me to see the information on the top homepage. I will take you on the train without any threshold. Communication: BNB9978
