Around 100,000, the $BTC are all frantically grabbing, while the 30,000 big pie is ignored, if this way of thinking doesn't trap you, who will?
Good morning everyone, yesterday our E family army let everyone short near 94750-95000, yesterday also met expectations, $BTC dropped to a low of 90866, did anyone grasp the 4000 points in between? The E family army has reduced its position to protect its capital loss, and will continue to hold, currently the coin price has rebounded again to the current price near 92600, so how should we operate?
From the market perspective, the current Bitcoin price has broken the upward trend line, and it is likely to continue to decline. On the daily level, we need to pay attention to the support near the middle track of the Bollinger Bands, which is around 90300. The KDJ has formed a dead cross and is spreading downwards. In the smaller time frame, the current price of 92600 has some support, and we can consider entering a portion of the head position. The key entry point still needs to focus on the upper 93800 area, as the indicators in the smaller time frame have some rebound space. From the RSI9, there are already signs of turning upwards, KDJ is also gradually forming a golden cross and spreading upwards, and MACD is above the zero axis expanding upwards, with the fast and slow lines forming a golden cross and spreading upwards. From the above small time frame, it can be seen that Bitcoin still has a certain rebound demand.
For a stable entry, short positions can be entered near the upper 93800-94300 area, with a defensive point, aiming for 92800-92000-89800. Be careful to reduce positions and change to capital protection after reaching the first target, and for entering near the current price of 92700, you need to be cautious about position size, and only light positions can participate.
The above is purely personal opinion, please consider carefully #比特币盘整分析