[Intraday BTC price trend analysis]

❶ K-line pattern:

Recently, the K-line shows that the price fluctuates greatly. There was a significant rise from May 2 to May 3, and then a fluctuating downward trend from May 4 to May 15.

❷ Technical indicators:

At present, MACD shows that the market bullish force has increased in the short term. Whether it can cross the zero axis needs to be observed, and the long-term trend is still bearish.

The trend of KDJ may indicate that there is a possibility of a rebound in the market in the future, but overall, the three lines of KDJ are all below 50, and the medium-term trend is still bearish.

The K-line is still below EMA30 (62991.7), and the current market trend is still bearish.

❸ Trading volume:

In recent days, the trading volume has gradually decreased, the market liquidity is scarce, the middle households have left the market with empty positions and waited and watched, and the leeks were confused by the dealer and kept cutting their meat, which led to a decrease in market activity.

The above technical aspects are all bearish. Zhuang likes to use the market to kill technical players. Therefore, both long and short positions should be cautious before BTC has not yet stepped out of the trend. Don't be fooled by the floor short position. The bottom position of the daily line moves up in small steps. It is necessary to pay attention to the formation of the trend line. If the lower Yin line falls below the rising small steps, it indicates that the short-term trend is broken. The upper liquidity is between 6.7-7w, and the lower liquidity is 5.1w. Tonight, we need to pay attention to the impact of CPI fluctuations

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