Step by step, 7W is just around the corner. Take more at the intraday retracement support!

Good morning, Bitcoin rose again to 69566, getting closer and closer to 7W. Ethereum also rebounded to 2770, which made those who shorted all the way panic. The US election has entered a killing phase, and the panic index has risen to 72. There are still many short orders that have been blown up. It seems that there are really many stubborn leeks! Don't chase more, don't be afraid of highs, don't guess the top. This is Zhong Liang's consistent attitude. In the process of waiting for the retracement of low and long, you may miss the opportunity to take it, but it is always better than shorting against the trend and being trapped and losing money. Trading is a matter of probability, so you must control your hands, keep your heart, and keep yourself awake at all times!

Bitcoin weekly K rebounded with a big positive line supported by the middle track, MACD bullish energy column increased, and KDJ went up all the way after the golden cross. The daily K closed a positive line with upper and lower shadows yesterday. The MACD bullish energy column showed signs of weakening, but it was not very obvious. It was still far from the top divergence that the air force wanted. KDJ showed signs of turning downward. The three lines were getting closer and closer, but they had not yet bonded to form a dead cross downward. There was a need for a retracement, but it did not mean that the bulls were exhausted! The short-term 4-hour level price was suppressed by the upper rail and was currently in a retracement. It was sideways at a high level. It was normal to have a retracement demand. After all, the space had never been convinced. There were countless short sellers of Bitcoin at 68,000, 69,000 and 70,000. They always had to give them some hope. And there were still those who had not gotten on the train. They always had to take a few steps back to catch up with those who wanted to get on the train!

The upper suppression of Bitcoin focused on the 70,000 mark, followed by the 70,700 and 72,200 lines. The lower support was 68,300, 67,400 and 66,000 positions. The retracement was received in batches, and the possibility of needles was not ruled out.

Strategy: Retracement to 68300, target 69500 ​​and 70000, break to 70700 and 72000, unexpected retracement to 67400 to buy more, defense 67000

Ethereum rebounded to 2770, upper pressure to focus on 2780 and 2820, lower support 2690 and 2640, retracement to buy more.

Strategy: Retracement to 2690 and 2640, target 2750, 2770 and 2820, defense 2610

The above is only a personal opinion, investment is risky, enter the market with caution! #BTC要挑战7W大关了吗？ #币安累计交易量突破100万亿美元 $BTC $ETH