Mr. Coin in the Coin Circle: 1.12 Bitcoin (BTC) market analysis reference;
Yesterday, the intraday market of Bitcoin fluctuated in the range. After the high reached 95050, it entered the range under pressure. The subsequent upward momentum weakened, and the oscillation range was constantly compressed. Today, the price upward movement was blocked again, and the low has touched the first-line support near 93800. The intraday market has a weakening trend, so it is not recommended to blindly chase the rise in operation.
From the daily level chart, the price formed a small positive, and the overall trend has not changed. However, due to the short-term Bollinger middle axis suppression that has not been broken, the market is also under pressure to enter the callback rhythm, and the bullish sentiment has weakened. The intraday price is slowly moving down, but the key first-line support below has not been broken, and the market may still step back and attack. The overall trend of the day has entered a wide range of fluctuations, so the operation is high and low.
From the short-term hourly chart, the price of the currency is running near the Bollinger middle axis, but the subsequent upward momentum is not strong, and it is in a state of closing. If it cannot break through the middle track pressure near the daily middle axis of 96,000, the market may still retreat to the support strength. The upper pressure focuses on 96,000, and the lower support focuses on 92,000.
1.12 Bitcoin short-term reference:
Long order, long in the 901000-91500 range, defense 90000 replenishment, stop loss 89500, target above 92500,
Short order, light position trial short in the 95500-96100 range, target 500-1000 points, defense 97500 replenishment, stop loss 500 points,
1.12 Ethereum short-term reference:
Long order: 3180-3230 range, defense 3050 replenishment, stop loss: 3030 target above 3320,
Short order: 3330-3380 range short, stop loss 30 points, target 50-100 points,
There is a delay in sending the chapter, and the strategy suggestions are for reference only. The market changes rapidly. Regardless of the judgment of the market, No matter how high your confidence is, you must take profit and loss and put your money in the bag.
For more real-time orders every day, you can follow my public account name to get online technical learning, unwinding, etc. I have been studying the market for many years and studying the general trend of the currency circle. I have studied in the United States for many times. I mainly analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other currencies. For those who don’t know how to operate, welcome to study together, $BTC $ETH #加密市场回调 #BTC☀ #BTC走势分析 #ETH #ETHETFsApproved