Yesterday, $BTC Bitcoin short orders were placed, and nearly 1,400 points were pocketed near 58700. Long orders near 58600 and 60000 were pocketed. Currently, short orders near 61300 are held. You can pay attention to the price of the currency.

Bitcoin continued to fluctuate in the previous market, and long and short positions played a game. After falling back to the low and touching the first-line support near 58350, it rebounded to around 61550. In recent days, a relatively stable box shape has been formed.

Short-term 4 small charts show that the rebound of the currency price during the day was blocked by the Bollinger upper axis, and the MACD fast and slow lines broke through the zero axis. Although the fast and slow lines are currently running above the zero axis, there are signs of convergence at any time.

From the daily line, MACD Still showing signs of weakness, the price broke through EMA7 during the day, and is currently between EMA30 and EMA15. The future market mainly depends on whether the currency price can effectively break through and stabilize EMA30, so it is not recommended to blindly chase more in subsequent operations, and beware of the price pressure falling again.

Bitcoin short-term reference:

Short orders focus on the 62100-62500 range, light positions, defense: stop loss 62900, target below 60700,

Short order 2, 61300-61500 range cumulative positions, defense as above, target around 60300,

Long orders focus on the 59200-59500 range, defense 58200, stop loss 57900, target above 60400.

The article is sent with a delay, and the strategy suggestions are for reference only. The market changes rapidly. No matter how high your judgment of the market is, you must take the stop profit and stop loss well and put the bag in the bag.