The volatility of the Bitcoin futures further decreased. After being under pressure in the morning, a pullback occurred, providing a rebound at around 93500. In the afternoon, it operated around 94600, allowing for a gain of over a thousand points. The low position we publicly suggested in the morning has successfully captured 951 points in Bitcoin futures and 64 points in Ethereum futures. In this narrow range of fluctuations, it is a matter of exchanging time for gains; if you can't grasp it, it's better to observe more and operate less. #加密市场反弹 #比特币战略储备
From the current perspective, the market is in a corrective structure. The four-hour level trading volume has continuously decreased, and market trading sentiment is sluggish. The MACD lines are showing a convergence state, and the volume is relatively balanced. At the hourly level, there were three consecutive bullish candles in the afternoon, breaking above the middle band of the Bollinger Bands. Although it has not stabilized above, it is still noticeable that there is an intention to recover, so we will continue to hold low positions in the afternoon to trade.
Bitcoin: 93500~93800, looking up to 95500.
