Military Advisor's Market Analysis: (Issue 127)
Review of the Clearance Chart: The liquidity of the long positions below is around 85,500. There is a lot of long positions here. Be careful of intraday pins. The lowest point last night was 86,668, which is very close to the price target of 85,500. It is in line with expectations. Next, we will look at the long liquidity at 85,500.
The lowest point last night was 87,750, and 85,500 was not cleared. However, from the perspective of the clearance chart, the color of 85,000 below has faded a lot. Most of the long positions below yesterday's decline have run away, and the price has not reached the liquidation effect.
The price is now above 90,000, and it continues to rise. The liquidation looks at 92,300/93,500.
Bitcoin K-line:
Review of Bitcoin was suppressed from 91,790, and the price once fell to 86,668
If you want to continue to attack, you must stand firm in the structural center. The price must be maintained above 90,000 to be considered a strong bull market.
After falling to 87750 last night, it rebounded strongly. Now the price has stabilized above 91000. It is in line with the expected rise. We will continue to be bullish and look for new highs.
The price broke through 91800/92500
Bitcoin ETF:
Review: The net inflow that lasted for 6 working days began to end, and there was a net outflow of 420 million US dollars. BlackRock was buying in small amounts, and other ETFs began to see large selling orders.
If the price cannot be stabilized, the ETF will continue to see selling orders. At present, the probability of this bearish trend is high.
As predicted yesterday, there was another net outflow of 370 million US dollars today. BlackRock did not buy or sell any of the Wannian Pixiu today.
Now the market is buying, and the ETF is selling, and the probability of a retracement is relatively high.
Everyone pays attention to the risks! !