Bitcoin BTC: Analysis of key positions of long and short positions and operation ideas
Last night, I explained in detail to my brothers the level of BTC long-term conversion and the corresponding support.
If 95000 is not effectively broken and then climbs above 95500 again, it means that the market is still in a bullish upward trend and will start a small-level upward trend.
At present, the small-level rise is close to the second pressure level I gave. Since the rise is not strong, do not blindly chase high. At this time, you need to pay close attention to the support level of 95788 below.
Today's long-term key support is 95788. Based on the closing of the four-hour line, as long as this position is not broken during the small-level retracement, the market will continue to be bullish. The upper target pressure levels are 97233 and 98000 respectively.
If the one-hour line closes below 95788, the small-level market will start the correction trend first, and the lower correction support level is 94700.
If the four-hour level line closes below 95788 today, then this wave of four-hour level rising market will be declared over, and investors holding long orders need to pay special attention to risks.
In terms of long ideas: it is recommended to wait for the two positions of 95788 and 94768. If the four-hour line fails to successfully hold 95788, long orders need to exit manually, or consider reverse operations.
