Yesterday, I was short and I won, let’s continue today!

In the recent currency market, the market has been ups and downs and full of variables. Looking back on yesterday, the price of Bitcoin showed a surge and a fall. It once reached 102,700 points. However, it encountered double top pressure here and then fell quickly. This The suppression of key points is not accidental. In fact, if we observe the market trends in November and December from a larger cycle perspective, it is not difficult to find that double top patterns frequently appear during market price corrections. This is because the market is in the adjustment stage, and the pressure level of the previous rebound often forms resistance again in the subsequent rebound process. This has become a notable feature of the recent currency market.

Further analysis from the short-term technical form shows that since the 92500 area, the trend of Bitcoin price has been full of repetitions. The market has bottomed out and rebounded many times, but then followed up and fell back. Each rebound after hitting the bottom will It caused a wave of rebound, and every rise and fall inevitably brought about subsequent declines. However, with last night's rise and fall, the market signals changed again.

Looking forward to this trading day, based on the inertial performance of the market after rising highs and falling back in the past, we expect that the currency price will most likely show a downward trend. The pressure level on today's market is near 98,000. It is recommended that investors can use this area as a key short selling point. The support of concern below is in the 94000-95000 range.

Generally speaking, the current currency market is in a volatile and circuitous development stage. Although prices fluctuate frequently, they also contain certain laws and characteristics. When conducting intraday operations, strategies should be closely focused on the short-term characteristics of the market. You can first adapt to them. A downward trend, wait until the downward trend stabilizes, and then seize the potential opportunities brought about by bottoming out and rebounding!

Specific operation reference within the day:

The rebound 97500 area is directly empty, the defense is 98500, and the target is 95000.

The current price is 95,500 directly more, the defense is 95,000, and the target is 97,300! $BTC #币安MegadropSOLV #比特币走势观察 #加密市场回调