At present, the market panic index has been soaring, and the market is in a state of extreme panic and greed. Frequent liquidation, the amount of liquidation in the past 24 hours reached 298 million US dollars, of which 193 million US dollars were long orders, mainly long orders. In the bull market, we have entered an adjustment cycle. The only thing we can do is to wait patiently, pay less attention to the technical aspects and learn more about the news. Because of the recent volatility, everyone must not be too aggressive in operation, let alone get excited, and must be calm! The recent price trend reflects the complex interaction between the strategy of long-term holders and market sentiment. The current market dynamics show that the maturity of Bitcoin investors is increasing, which may affect the future trend of cryptocurrencies.
Bitcoin was under pressure for the second time at 92,000 yesterday. Although affected by the weekend, the bulls have not been suppressed for the time being, but now, it is still memorable. After all, this is a historic moment for Bitcoin. Bitcoin fell back to 78,473 at the beginning of the week, and rose to 93,265 during the week. It is still hovering and oscillating at a high level, without a substantial correction. Combined with the daily chart, there is a need for correction. In the short term, it may have to fall back partially. The previous high point is used as a defensive point for consolidation. In the short term, try to short and look for retracement. Pay attention to the support of the rising trend line near 88,000 below. Close to the support, see whether it is stable or broken. The short-term is currently in a correction or consolidation correction. Short-term operations are combined with the hourly chart pattern to determine the interval of high and low, and continue to treat it with a shock mentality, and adjust the mentality after breaking. From the four-hour trend chart, yesterday was accompanied by repeated highs and falls, but the late highs still recovered and oscillated within the range. At present, the upper rail is still suppressed. Today, we still pay attention to the high point of 92,000. If there is no strong breakthrough, there is still reason to fight for short-term operations at high levels. The short-term support below is around 88,000. Keep the support of the falling low point and continue to buy low. In the large fluctuation base market, the target is combined with the form to respond flexibly. The short-term thinking in the morning is to treat it as a shock, and continue to participate in the high and low buy around the range to avoid repeated saws!
Ethereum fell back to the lowest level yesterday and stabilized at 3032, then began to rebound again, reaching the highest level of 3160 and falling under pressure. It is currently running near 3080. The daily line failed to stand above the trend line yesterday and continued to rebound further. The daily line closed with a mid-yin candlestick, forming a candlestick combination pattern of Yin swallowing Yang. The moving average indicator has not formed a complete bullish trend, and the closing of the candlestick is not optimistic, making the sustainability of short-term bullish trend still a problem. It may be accompanied by a wide range of saws. From the four-hour trend chart, the rapid retracement after the inertial high exploration of the 4-hour chart is a typical dishwashing technique. It is not sustainable if it is strong, and it is recovered if it is weak. It is accompanied by repeated saws and washes, and there is no strong unilateral trend, although it is in an upward rebound. But the daily line has not walked out of the unilateral trend. The short-term has intensified the shock. With the continuous Yin closing of the daily and 4-hour charts, the candlestick pattern tends to fall back first. It is not ruled out to re-test the low point of the second wave. Pay attention to the low point of this week in the early trading. If it breaks directly, it will continue to fall back in the short term. When switching between long and short positions, you need to respond flexibly based on the situation. In the market with a tug-of-war, the position is more important than the direction. #英伟达财报即将公布 $BTC
