"After the turmoil -- BOME point update"
Bitcoin is between 62300 and 60800, with a crazy spike of 1500 points up and down. The speech is generally positive. It has now risen to around 61500 and stabilized. After this fluctuation, the pressure level has come to around 62100, and the support level has gone to around 60400.
At present, BONE is consistent with the trend of Bitcoin. After the spike, it has stabilized around 0.0073. This is the pressure level of the hourly and 4-hour lines. Bitcoin has insufficient potential to break through and may face a correction.
If it pulls back to around 0.007140, you can cover your position. You should cover less at this position. If it falls below this position, you can cover your position at around 0.006960.
As soon as the content of the speech was released at 10 o'clock, the market rose and then fell rapidly. Those who were attracted by the rise and did not run away are now uncomfortable. This is what Taco often tells you. When the news affects the market data, any analysis and K-line will not work.
Although the rise is weak, be vigilant to continue to insert needles in the early morning. The interest rate cut is coming soon, and the market is coming soon. Don't lick blood at this time and waste your bullets in vain.
