Looking back at this morning, the price of Bingzi has reached around 94400. Many people are wondering why it went to around 91000 in the past two days and did not fall or break a new high. It kept jumping in this range. Next, Wuxian will explain it to you.
First of all, from the 1H level, a bottom divergence occurred at 90800. There was no large volume when it fell. It even pulled 6,000 points in 24 hours and pulled back to 98600 at the near high. In fact, this market makes many players feel confused. The rise and fall are constantly testing. The trading volume is used to judge how many players dare to enter the market. Then, when a certain expectation is reached, it will directly start to plummet. The following is the first prediction. Bingzi is sideways, and Ethereum plummets. Bingzi plummets, and Ethereum follows the decline. Therefore, the current general trend is not optimistic about long orders. Counter-trend orders can enter ultra-short-term long orders to eat bands.
It is recommended to go short at 97200-97600, and the short-term target is 95800-95600
At the same time, enter long orders at 93600-94090$BTC