Exclusive decoding by academicians! 9.7 latest Bitcoin market analysis, break the deadlock and face the challenge

It is now 4:00 am Beijing time, the US market has just closed, and the current price of Bitcoin is 53,500. You can try long orders here, because although I caught two shorts at 56,600 today, they both ended up at 55,500, but the long stop loss at 55,500 was out. As I said before, the market has not 100%, you must set a stop loss. Think about it. If you don't set a stop loss at 55,500, you will have a floating loss of 2,200 points when the lowest price is 53,300. This is very scary, so you must develop a habit. You can not set a take profit, but you must not hesitate to set a stop loss. You still have to try the long position. Let's look at the market. The current daily K-line has reached the tip of the bat's wing. It is not ruled out that the same situation as on August 5th will occur to test the support of the 50,000 mark, but the test position still needs to be tried. It doesn't matter if you try and fail, because the bearish sentiment is too strong now. The EMA trend indicators collectively spread downward, and the shrinking volume of the MACD technical indicator increases the selling energy. The Bollinger Bands fall below the bottom of the box, and the lower track of the Bollinger Bands 54,300 is lost. KDJ also changes from shrinking from a golden cross to spreading downward. The situation is indeed not optimistic.

The ultra-short trend indicator has reached the jealous oversold zone. As I said before, the 64,000 mark is the next test position, but in the end I chose to wait for the opportunity in the sharp decline. After the US market closes, there is a high probability that the market will rebound, so long orders should start to test positions. Because the 15-minute and half-hour bullish trends have appeared, and the 1-hour has also begun to rebound, so in the short term, longs can focus on the 54,500 pressure point and 55,500 positions

Short-term thinking reference: The market is not 100%, so you must bring a stop loss and safety first Small losses and big profits are the goal

Short at 55500 to 55700 above, target 55000 to 54500, break to 54000, stop loss 56000

Buy at 53200 to 53500 below, target 54000 to 54500, break to 55500, stop loss 52900

Buy at 51500 to 52000 below, target 54500 to 55500, break to 56000, stop loss 500 points

Suggestions are for reference only, risk at your own risk

Here, I wish my fans to achieve financial freedom in 2024, let's cheer together! $BTC #比特币合约 #BTC合约 #BTC☀ #BTC走势预测 #Btcoin