The market trend on Tuesday can be described as ups and downs, full of variables. The waterfall is cascading, and the rebound is still uncertain. $BTC
In yesterday's trading, we saw a rebound, but this rebound did not continue its momentum when testing the price of 10500. Then, in the second half of the market, this rebound could not stand, and it was followed by a waterfall-like decline. The lowest point has fallen to the 94100 area in the early morning. From this series of trading performance, the market pattern has been washed quite seriously.
In such a market, our strategy should be calm and rational. Although the bullish trend exists, we are not in a hurry to chase the rise. Especially for those rebounds that have formed a certain amplitude, we should be more vigilant.
For today's market, from the perspective of the daily line, we can see a big Yin line going down, which almost swallowed up all the Yang lines. This pattern often means that the market is undergoing an adjustment, and this adjustment is likely to continue. Therefore, I personally suggest that you can rely on the high point of the 4-hour overnight to operate today, and continue to watch the retracement of the kong.
For the support and resistance levels, the support below is around 93500, and the resistance level is around 98500. If the market rebounds slightly, you can intervene in the kong and watch a round of retracement. In intraday trading, we should remain vigilant and be ready to respond to market changes at any time. Once a suitable entry opportunity appears, you can consider intervening in the multi-head strategy.
The above suggestions are for reference only, and the specific operations are subject to the guidance of the market. #加密市场回调 #市场回调抄底还是观望? #币安MOVE开盘 #币安HODLer空投MOVE #亚马逊股东提议比特币投资