Wednesday, summary of the day, the market is running slowly, Xiaoli gained 1600 points, and thoughts in the early morning
The overall trend of Bitcoin during the day was negative and downward, but it was not strong and had no continuation. Every time it dipped during the day, it rebounded, so there was room for both long and short operations during the day. We were mainly bullish during the day, placing ③ orders in a row. After earning 1,600 points, I also gave away benefits to the entire network with two current-price orders. I don’t know how many irons were taken. Today's market trend is slow. Of course, such a trend is also the best time to accumulate positions. So how much has your position increased today?
Flatbread:
60004-60581 more, eat 600 points
59406-59892 more, eat 500 points
59370-59887 more, eat 500 points
ether:
2314-2336 more, eat 22 points
For the early morning stage, from the four-hour chart, the upward trend line remains unchanged for bulls. The trend line and the retracement of the low of 57,500 are the key short-term defensive points. After the retracement last Thursday, the rising trend continued to rise steadily. This week opened at a high level, with the momentum to further hit new highs, but the rhythm may still be one step at a time, and a rise will be accompanied by a fall. A rapid rebound after a fall is the main trend in the near future. Find the right time to enter the market, both long and short. It can be seen that we continue to be bullish on the general trend.
Early morning suggestions:
The big pie is in the 59500-59000 area, so look at 62000-63000
There are many areas in Ether 2285-2265, look at 2450
An interest rate cut in the early morning will bring great fluctuations to the market. It is recommended to intervene with light positions and take good defense. If you are not sure of the trend and cannot figure out the direction, you are close to the old horse!
