Today's $BTC trend, pay attention to the position of 625
[Today's market analysis-BTC-9.26]
It is only used as a technical analysis study, not as an investment opening suggestion. Profits and losses are at your own risk
1. Daily line: The overall trend is still bullish, but it encounters resistance near 65 and still pulls back. As long as the daily line does not close below 625 today, the bullish trend will continue. From the perspective of overall liquidity, there is still a lot of liquidity at 625, so the price is likely to fall back to 625. Yesterday's daily report also said that when it was near 65, the small retracement was 635 and the large retracement was 625
2. 4H: The price has deviated from the moving average and came below the moving average, indicating a short direction. Since 12 o'clock yesterday morning, all negative lines have appeared, and the negative lines have long lower shadows. From the trading volume, it can be seen that the buying and selling volumes are almost the same, while the overall trading volume and price have shown a decline. This indicates that the current accumulation is in progress. And the accumulation of funds in this range is about to end. Note that it does not mean that the price will fly immediately. Still need to pay attention to 625. The extreme scenario may be to directly poke the needle to around 618, and then quickly pull up, to show that the accumulation of funds is completely over and ready to fly
3. 15min: The short-term K at 9:30 has already appeared a positive line that pokes downward and quickly pulls up, with the lowest poke reaching 626. This indicates that the current short-term price is relatively low, and you can try to go long, but the overall risk is much higher than 625.
