Big Cake Evening Analysis

I said in the analysis I posted this morning that the market was very strong in the morning (you can see the analysis in the previous post that the market rose in the morning and fell in the afternoon). There must be a contrast. Sure enough, I predicted it again. The market experienced a waterfall-like correction in the afternoon. I don’t know if you listened to me. I will stop when I see the good. I don’t require extreme profits when I make orders, but I seek stability.

Now let me analyze my views on Bitcoin. Today's highest point is 98100. As of now, it is around 95000, down about 3000 points. The support below is at 94650. Once it falls below this position, sell it quickly. If it goes down, then you should still go long. As you can see from the chart I drew, its oscillation space should be between 95800 and 97600, but it is still falling. It is very awkward at 95000. If you go long and it goes down, you will be out before you have time to operate. But if you go short, this position is not suitable. It has come to the lowest point today, because it is not far from the support below, and it is very likely to fall below, and it will continue to fall. From the hourly chart, there are three small spikes below, and the air force is basically used up. My personal suggestion is to be bullish, because the decline is too fast and it went down in an instant. Those who are long thought it was a correction. Most people's stop loss positions are around 95,000. Unexpectedly, a downward spike will get them out. It is estimated that it will be adjusted back to around 97,000 in the evening. Without further ado, I will give you an ambush order.

95,000 near the long

94,200 stop loss

97,200 take profit

Personal suggestions are for reference only. Fasten your seat belts and start the car, brothers. $BTC