Disk analysis: The recent price of the big cake fluctuated around 58,000 and the low point of the rebound was effectively supported at 55,500. There were many long upper shadows and long lower shadows in the 4-hour period. The market diverged and there was a fierce battle between bulls and bears. At the current position, whether it is a breakthrough or a break, there will be a small breakthrough. We must prevent a false breakthrough, so we must be cautious when chasing longs and shorts.
Technical indicators: From the perspective of macd, a dead cross is about to form to prevent the last upward pin from inducing more, but the current macd bar chart shows that the short-selling force is weakening and there may be a short-term rebound.
ma moving average: The upper pressure near 58,700 has not been broken, and the support near 56,600 below is currently more reasonable. A false breakthrough is needed to reverse the market. The 4-hour KDJ has already formed a high dead cross.
So, remember the two positions that Youzi has been talking about these days. Choose to go short near 58700, consider going long near 56600, and consider going long near 57400. The positions are more aggressive and the risks are greater. You should control your profits and losses.
