Hello everyone, I am Yiwen. Yesterday, Bitcoin continued to rise in volume. It began to fluctuate upward at the opening in the morning until the early morning when it reached the 35998 line, but it did not stabilize. Instead, it quickly fell back to the 32528 line. The current market is stable around 33000 and is in a fluctuating repair operation.
From the technical structure, at the 4-hour level, the Bollinger Bands still show an upward trend. The currency price is currently running on the upper track of the Bollinger Bands. The overall trend is still in an upward channel. From the MACD, the bullish volume column has begun to shrink, and the three lines of the KDJ indicator have shown signs of turning. The impact is not great. The bears are relatively weak. A wave of spikes in the morning pulled it to 35,900. It is currently in a correction stage. In this volatile market, the upper pressure support is still very solid. From the overall situation, the lowest currency price was around 29,600 yesterday morning, and the lowest currency price today was also around 30,400. It is currently correcting around 33,000. The bulls are strong, and there is still a certain amount of room for release on the upper side. The market trend is also in a strong correction. After the correction is completed, the currency price will probably rise again, so today's idea is still to remain bullish.
Tuesday morning operation suggestion: BTC 32600-32800 near the direct long, the target is above 33800-34000
