#加密市场盘整
Monday: Afternoon bottoming repair, decline hindered, turning bullish
Time passes bit by bit, but the market rhythm seems to have changed unconsciously. Don't be stubborn; the principle of 'if you don't change, you'll get hurt' couldn't be simpler.
During the day, the market repeatedly tested the 93800 level but failed to break through effectively. After a prolonged consolidation at the bottom, it has shown signs of a rebound. Since the rhythm has changed, we too must adapt to the changes. No need to say much, just turn around.
From a technical structure perspective, on the four-hour chart, the weak trend continues to decline after a downward test, and there is a struggle between bulls and bears, showing signs of recovery. The bullish momentum is developing in a significant manner, with moving averages consistently rising. In the short term, it has recovered and is moving higher, currently consolidating with a need for a pullback, but there are no signs of another drop.
In the evening, we first look for a pullback, then turn bullish to see the repair.