In the Bitcoin investment market, which is full of competition and risks, there are neither generals who always win, nor soldiers who always lose. The key is to adopt a flexible response strategy as market conditions change.
The 4-hour price is undergoing a retracement wave adjustment. After falling below the 41,000 mark, the adjustment wave type continues and may fall further in the short term. This week's high is a critical point, and a break below last week's low will act as a resistance point. At present, the price has dropped and reversed to confirm that it broke the low point. The high point continues to move downward and the low point keeps refreshing. The 1-hour chart shows that the price fell below the lower track after contraction and consolidation, opening up downward space. The Bollinger Bands opened downward, and the short-term bias is bearish. If you don’t consider the roller coaster-like washout, focus on the 40,000 mark below. If the price can break through this mark, the short side will appear, and you can continue to enter the market with the trend. If it rebounds to the upper pressure level, you can operate at high altitude. After the correction ends and the price stabilizes, we will continue to be bullish.
It is recommended that the market is around 41600-41400, with a target of 43000
Appearance recommendation 2210-2220 Multiple targets nearby 2300#BTC #ETH。