Thursday's intra-day summary, Bitcoin longs and shorts come back to wash, longs and shorts come back to rake, it's exhausting!
Time flies and before we know it, it's early morning, a busy day should come to a pause. Looking back at today's market, Bitcoin fluctuated around the 94700-92700 area, with longs and shorts pulling back and forth. In the evening, the bearish trend weakened and fell below the short-term support at 91800 before stopping and rebounding. Subsequently, the bulls raised the price to around 94700. In such a complex trend, Zichen remained calm and made 6 consecutive trades during the day, achieving a total of 5742 points. Is that enough for you to respond or flip it?
The above analysis is fully open and transparent and can be reviewed; it does not contain any hindsight elements. In today's great market, if you can't get a piece of the pie, isn't it your own reason? The correct direction has been given to you, but if you don't execute, do you think I can wake someone who pretends to be asleep?
For the early morning phase, the current bottom has formed support, and the bearish weak rhythm has temporarily come to an end. For the bulls to further rise, they first need to stabilize above 95000, while the 96000 pressure is key; this position should be the focus moving forward. If it breaks, look towards 98000; if it doesn't break, look for a correction.
No matter how big the stage is, if you don't get on it, you'll always just be an audience member. No matter how strong your abilities are, if you don't execute, you can only wish others success. No matter how good the market is, if you don't enter, it's just an illusory dream. $BTC $ETH $BNB