$BTC •The daily level is currently in the second round of acceleration. It is difficult for the market to generate the third stage of acceleration. Even if the third stage of acceleration occurs, it will definitely retreat to the support level of the second acceleration line before the third stage can be opened. Therefore, there is a need for retracement at present.
• Hourly level: On the hourly chart, the price of Bitcoin fluctuates violently, showing an obvious roller coaster market. This shows that the game between the long and short sides of the market is fierce. However, various technical indicators have shown some signs of divergence at high levels, which indicates that the price will have a certain correction pressure in the short term.
BTC operation strategy: 87600 layout 10 times 1 layer warehouse short order, stop loss 91883 stop profit 81775
$PEOPLE is still too weak. The big cake has set new highs continuously and has not given up decisively
Market sentiment and capital analysis
• Market sentiment: The market sentiment towards Bitcoin is currently optimistic. Investors are stimulated by the continuous rise in Bitcoin prices and have poured into the market. In particular, Trump's support for cryptocurrencies has given investors confidence in the future development of Bitcoin. However, this overly optimistic sentiment may also lead to the continuous expansion of the market bubble. Once there is bad news, the market may fluctuate greatly.
• Funding: As the price of Bitcoin rises, funds continue to flow into the market. According to relevant data, the holdings of Bitcoin continue to increase, which shows that investors have a strong willingness to invest in Bitcoin. But at the same time, a large influx of funds may also cause the market to overheat and increase market risks.
News Analysis
• US policy: Trump's policy propositions have a huge impact on Bitcoin. He once expressed the hope that the United States would become the "global cryptocurrency capital" and relax the regulation of cryptocurrencies, which is a major positive for the development of Bitcoin. However, the specific implementation details of the policy have not yet been clarified, which may bring certain uncertainties to the market.
• Global economic situation: The instability of the global economy and the monetary policies of central banks in various countries have also affected the price of Bitcoin. In the current economic environment, investors lack confidence in the traditional financial market, and some funds may flow into the cryptocurrency market such as Bitcoin, thereby driving up prices.A wave of long leverage will definitely be liquidated in the middle.
