7.30 Tuesday, Bitcoin evening market insights
Bitcoin rebounded after yesterday's bottoming rhythm, reaching the lowest level of 65,800 at noon. The white market price formed a small oscillation rhythm. The bearish ideas were given in the morning and afternoon. The market also went down as expected. After a round of 1,800-point decline in the morning, the rebound short-term ideas were also given in the afternoon. Just after rebounding to the 67,000 area, it stepped back again. Many people in the 66,900 area also got 672 points of space to leave. The current market has fallen again. The rebound has never been continued, and the bearish ideas continue to remain unchanged in terms of operations.
At present, the shorts are dominant in the 4-hour market, and the market has shown more negative line retracements. In the short-term rhythm, the shorts continue to increase in volume, and the decline is still continuing. The Bollinger Bands extend downward with the currency price. It can be seen that the continuity of the shorts is still relatively strong. As the lows are constantly refreshed, the high-altitude ideas continue to be treated in terms of operations! The trend on the hourly line is extremely weak. The market continues to fall after a brief correction, so the bears continue to be seen in the evening.
On Tuesday night, it is recommended to short Bitcoin in the 65800-66000 area, with the target of 65000-64000.
On Tuesday night, it is recommended to short Ethereum near 3320-3340, with the target of 3250-3200.
Those who do not plan for the overall situation are not qualified to plan for a region. The market is unpredictable. Set your mind, observe the situation, plan and then act. Don't be confused in your heart, don't be trapped in your emotions, and plan in the tent, so that you can win thousands of miles away.
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