The daily line is a negative line with a relatively long body and upper and lower shadows. The trading volume is nearly twice that of the previous day, which is a decline in volume.
The daily MA30 began to turn slightly downward, and MACD showed a weakening upward momentum near the zero axis.
Affected by the decline of Bitcoin, the price has returned to the upper edge of the red oscillation range, which is also near the daily MA30 line. This is a relatively strong support and there will be a rebound trend.
The overall trend is still relatively weak. If you follow Bitcoin, you need to wait patiently for Bitcoin to show a clear trend before you have a chance to be strong.
If the price falls further, it will return to the red box area and fluctuate in a large range. It will take more time to fluctuate and adjust. We will wait and see.
Daily level pressure level 2540-2680-2730-2850
Support levels: 2400-2340-2230-2100
From the hourly level, the current pattern is a divergence with a 5-minute pullback to a new low.
For short-term trading, you can go short at 15 minutes, 30 minutes, and 1 hour EMA52 lines, and go long at 2400
From the three-day liquidation heat map
The price is moving upwards, and there are a large number of large short orders waiting to be liquidated in the 2524-2624 area and the 2664-2760 area.
The price is going down, and there are still some long orders waiting to be liquidated near 2400
