What you clearly foresee, earnestly desire, sincerely pursue, and strive for with all your heart will naturally come true.
This week's market is basically coming to an end. Yesterday morning, the market surged to the 35981 line. Under pressure, it began to fluctuate downwards. It reached the lowest point of 34300 in the early morning. The market returned to the previous range again. This wave of market came. Quick and urgent! However, it is just back to near the 4-hour mid-line. The pie has risen by nearly 10,000 US dollars since the ascending channel near 27,000 in early October. This correction of nearly 1,000 points is indeed normal! The market has been relatively volatile recently and needs to be repaired. Without further ado, let’s take a look at today’s market trend.
Judging from the current 4-hour chart, the three lines of the Bollinger Bands are opening upward. The K-line did not effectively stabilize and continue after the continuous rising sun. Instead, it quickly fell back and directly swallowed up the previous gains. From the market view, although The upper running channel is opened, but the volume and energy are converted from long to short, and the moving average also maintains a downward running posture. In the short term, there are signs of strength from the short side. The bottom focuses on the 34000 first-line support. In the day, we will see a wave of shocks and a small cycle. The overall rhythm is still dominated by bulls, and the current overall trend structure is also biased towards shocks, so for this rhythm operation, try to maintain a high-altitude, low-long mentality to treat it!
BTC short-term: 34000-300 area is long, target 35000–400, defend 33700
ETH short-term: more than 1788-1775, target 1840, defend 1740
Every day I can explain the position clearly. If there is anything you don’t understand, please feel free to ask. #sfm #BTC #sol #fomc #onyx $BTC $ETH