The daily line is a negative line with a long upper shadow and a short lower shadow, and the trading volume is three quarters of the previous day.
The daily MA30 line began to turn slightly downward again, and MACD showed an increasing downward momentum near the zero axis.
The price closed below the MA30 line, and its trend followed that of Bitcoin, but at the same time it was weaker than Bitcoin. The trend was consistent with our prediction, and it returned to the red wide range of fluctuations. We have also talked about this area. In last year’s rising market, the price fluctuated here for nearly ten weeks. It is the relay consolidation area of the rise, so this area will also become a relatively strong support area in the middle of the decline. Please be patient.
Daily level pressure level 2460-2520-2680-2730-2850 support level 2340-2230-2100
From the hourly level, the current trend is a 30-minute pullback to a new low, forming a 10-minute pullback within the divergence pattern.
In the short term, you can short at 2435 and 2485, and short at 2340 and 2280
From the three-day liquidation heat map
The price is moving upwards, and there are a large number of large short orders waiting to be liquidated in the 2480-2600 area and the 2660-2730 area.
The price is going down, and there are still some large long orders waiting to be liquidated in the 2344-2324 area.
