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The price of Bitcoin closed on the small negative line yesterday and retreated as scheduled in the evening. In the early morning, the price dropped to the 26,500 line, and then began to fluctuate upward.
From the perspective of technical structure, at the hourly level, the market entered the consolidation stage again after a wave of retracement, but the overall trend structure has not changed. On the Bitcoin daily line, the K-line entities overlapped the middle track, and the space below gradually opened up, with top-to-bottom transitions. In the short term, the currency price will fluctuate and recover or fluctuate and decline. In the short-term 4 hours, the K-line continued to fall. The Bollinger Bands showed no signs of turning and continued to spread downward. The short-selling volume has not stopped, and the retracement has not yet ended. The morning operation is mainly shorting on rallies.
Morning action suggestions:
BTC: Enter empty near 26900-27100, target 26300, defend 27400
ETH: 1580-1600, empty entry nearby, target 1520-1540, defense 1620