Now the price of the currency has reached the critical decision time again. Last week, the overall market basically took a deep V. Where it fell, it rose back. At the end of last week, Bitcoin probed above 63,000 several times, but fell back under the pressure of 63,500. This is already very obvious. Today, Monday, the price of the currency is still fluctuating under the strong pressure of 63,500. It is expected to be difficult to break through in a short period of time. In addition, from the general direction, the daily moving average has signs of a golden cross. The important support during the day is located at the middle track of the daily line, and this is also the intersection of the moving average. Once it breaks down here, the price of the currency is expected to continue to open up the space for falling back and test the area below 59,000 again. Therefore, Yanling is more optimistic about the short-selling layout in the near future.
In fact, the rebound in the morning is a good opportunity to get on the train and short, so don't hesitate when you should act decisively. The recent market is to have a firm mindset to have a way out, don't waver. Today, we will focus on the strength of the European session. If the European session is strong, we will follow the long position once if it retreats before the US session; if the European session is weak, we will follow the short position once if it rebounds before the US session. Today, we will judge the US session based on the strength of the European session. The operation is mainly based on high short positions, supplemented by low short positions.
