Against the backdrop of a strong upward trend in the macro market, we still need to pay careful attention to the risk of technical corrections at the micro level. 📈👉👇
Last night, Bitcoin encountered the key resistance level of 63850 points on the upper edge of the upward channel on the four-hour chart, and then showed signs of pressure and started a callback trend. During this process, the one-hour MACD indicator formed a dead cross at a high point and turned downwards. You need to be wary of the possible continued downward trend during today's daytime period. The target is the important support area at the lower edge of the four-hour upward channel, which is about Around 60,000 points. 📉🔍
In addition, special attention needs to be paid to the central position of the channel, that is, the support strength at approximately 61,000 points. Whether this area can effectively resist the callback pressure and restart the upward trend is crucial to the subsequent market. 🛡️🚀
In terms of daytime strategy, it is recommended to wait and see first and wait for the price to fall back to the above-mentioned support range. Once the support is confirmed to be effective, it can be regarded as a good opportunity to enter the market again and go long. 🔄💸
At the same time, in the field of emerging public chains, the three new public chains $SUI , $APT , and $SEI have shown significant potential and deserve close attention. 👀🚀
