I have been looking for opportunities to head south all weekend, and tonight the opportunity has finally arrived, so we can head south accordingly. Last week, the overall performance was quite good, with nearly 5000 points gained. This week, we will still focus on heading south, with a general outlook of being bearish. For now, I will go in early; those who prefer a stable approach can wait until above 58 to position themselves. I'm also worried about missing the opportunity; if it goes up, a quick addition will basically make up for it. Compared to the beginning of the month, the current trend is gradually stabilizing. Overall, it is relatively easier to operate now.
From a technical analysis perspective, it currently looks likely that the weekly K-line will close bearish. If we continue to move down tomorrow, it will form a death cross, and the downward space will be quite large. Looking at the four-hour level, it is currently trending towards a range consolidation. There is strong resistance at 585 above, after two days of consolidation over the weekend. In the short term, it is forming a golden cross for an upward move. If a significant correction is desired, it must break the key position of 65; the pace is currently slowing down. This may be a deceptive action to attract buying before the major elections, and a significant cleansing is definitely needed before that. The direction remains south.
Bitcoin operation suggestion: Around 67600, head south
Target: 65500#年底牛还熊? #战火将如何牵动加密市场?