The trend continues, and the market outlook is expected to continue to decline.
In the early morning, an old American address transferred nearly 10,000 Bitcoins to Coinbase. After the transfer, there was no large sell order, which meant that it was just transferred to the custody account. However, this behavior has caused a large user on the platform to sell nearly 5.6 million Bitcoins. Bitcoin in the U.S. dollar began to trend downward in the afternoon. Currently, Bitcoin is at 94,900 and the price is quoted at 3,605.
Back on the market, the structure of the pie is downward, and Duotou has been obviously suppressed. Now the overall structure is clear, and the 4h level Bollinger Bands are opening downward. It is expected that there will be a round of decline in the market outlook, and the amplitude may not be too small. We are looking at the short-term 1h The trend of the level and 15min level has been continued, and the overall trend is also a downward extension. For the market outlook, just wait for a rebound to enter the market.
Looking at Auntie, the overall trend is also in sync with the big pie. The pressure level given to Aunt Silk Road in the morning was 3680. At noon, it stretched straight to 3672 and encountered resistance and began to fall back. After falling back, it began to fluctuate, but you can see that the head is also miserable. Powerless, there is no possibility of upward continuation. The market outlook will be bullish and orange, so just keep watching.
Operation suggestions:
The pie is near 95,200, and the target is near 93,000
Near aunt 3620, near target 3550
It is recommended to buy the current price directly. The typical taste is for reference only. The actual price shall prevail. #BTC☀ #ETH🔥🔥🔥🔥 $BTC $ETH
