The daily line is a small positive line in the shape of a cross star. The oscillation amplitude is smaller than the previous day, and the trading volume is also less than the previous day. There is still no clear defense line.
The daily MA30 line is in a slight upward trend, and the MACD shows an increasing downward momentum above the zero axis. The price closed above the daily MA30 line.
Today is Friday. The U.S. stock market will not open for the next two days of the weekend, so this volatile trend will continue. It will take exactly three days for MACD to return to the zero axis.
The price has been fluctuating back and forth around 60,000. If the support of this position is tested many times without a strong rebound, the price will fall below it. We need to pay attention to further decline after breaking through the 60,000 integer mark.
Daily level pressure level 61800-62400-63560-65600, support level 59550-57060-54860
From the hourly level perspective, the current trend is still the 1-hour level pullback to a new low and forming a divergence pattern.
In the short term, you can go short at 61240, 62120, 62780, and go long at 59320 and 58400. Pay attention to stop-profit and stop-loss.
From the three-day liquidation heat map
The price is going up. There are a lot of large and super large short orders waiting to be liquidated in the 61100-64550 area, and the key liquidation is around 62950.
The price is going down, and there are a lot of large and super large long orders waiting to be liquidated in the 59850-57950 area.
