It has been 48 hours since the big drop on Friday night. I have to say that the price of Bitcoin is still very strong. It is still around 34,500 at this moment. The high sideways trading time is very stable, which shows that the bullish sentiment of the main force has not subsided, and it is really possible to win a correction. Be discerning.
During the high-level tug-of-war, 34500 is never a good position to enter the market. It is best to place a callback order near 34800. According to my statistics, the probability of the decline of the 34800 position accounts for 76%, and the probability of the decline of 34500 is only 34%, so don’t think about it quickly. Sell down, have you forgotten the lesson of 1024? The market is mostly recovering at the beginning of the week, so don’t be afraid to be bullish first.
Thoughts from 23:30pm to 10am tomorrow morning
Open long near 34150, just target 35050
Optimists see opportunities in every crisis; pessimists see crises in every opportunity.