8.30 BTC market analysis: Emergency notice, dark clouds cover the sky, winter is coming, and we have reached the peak before we know it? Next, Bitcoin will continue to fluctuate widely.
Yesterday, Bitcoin was driven by the 4-hour line to increase its volume, and the overall price of Bitcoin fluctuated upward. From the perspective of review, this round of pull-up should be a wave of impact test on the strong pressure of the daily MA5. This is also what was said in yesterday's analysis. The intraday high price will be near the daily MA5 daily moving average (with an upper and lower tolerance of 100 points). At present, it depends on whether the daily MA5 can suppress the short-term rebound sentiment. In fact, the increase in Bitcoin yesterday was not large, mainly driven by Ethereum (the reason is that the green TD1 of the weekly line has not been destroyed.)
For the short-term rebound sentiment, the key high point pressure is based on the real-time price of the daily MA5 and MA30 daily moving average (the current price reference is near the 61300-61800 area). The rebound strength this time cannot effectively break through the daily MA5 or MA30, so the subsequent price of the currency will fall with a stronger short-selling volume, and the low point is expected to hit the bottom of the 57700-56000 area; on the contrary, only when the big cake effectively breaks through and stabilizes above the strong pressure, the subsequent market will have certain variables.
BTC operation suggestion: step back to 59000-58500 to take more, the target is 60000-61000, and break 61800. The main focus is on flipping positions, unwinding at high positions, and follow-up consultation WeChat: eth2870.
Although I can't give you a very accurate point, I can give you a certain sense of direction. If you take the initiative, we will have a story. If the recent operation is not ideal and you can't find a direction, you may wish to follow me if you want to understand the currency circle and learn some technical knowledge. #Telegram创始人获保释 #英伟达财报 #美联储何时降息? #美国CPI数据连续第4个月回落 #以太坊基金会 $BTC $ETH $BNB