9.30 Monday Thought Sharing

After the weekend adjustment, the price of Bitcoin has not changed significantly and is still consolidating at a high level. Judging from the 4-hour chart, the K-line frequently switches between yin and yang, and neither the long nor the short sides show strong continuity. The price is currently seesawing in the middle track area of ​​the Bollinger Bands, while the Bollinger Bands themselves show a continuous upward but shrinking trend, which shows that the current market volatility is relatively strong.

Generally speaking, Bitcoin is still in a strong structure. Although it may face some shocks and adjustments in the short term, the overall trend is still upward. Therefore, we recommend that investors remain calm and continue to adhere to the established investment strategy to cope with market fluctuations.

morning advice

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