$BTC The 4-hour chart shows that the market has entered a wide range of fluctuations after a sharp decline.
At present, this fluctuation is gradually converging. Yesterday's wave of rise broke through the high point of the previous wave, but then fell back quickly. However, the high and low points of this wave showed a contraction trend compared with the previous ones.
Therefore, it can be expected that the callback here will fluctuate around MA20. In the short term, the top ten currencies in terms of trading volume are expected to follow a similar rhythm.
The short-term pressure level is between 100400-101000, and the short-term support level is between 99200-98200.
At present, this fluctuation is gradually converging. Yesterday's wave of rise broke through the high point of the previous wave, but then fell back quickly. However, the high and low points of this wave showed a contraction trend compared with the previous ones.
Therefore, it can be expected that the callback here will fluctuate around MA20. In the short term, the top ten currencies in terms of trading volume are expected to follow a similar rhythm.
The short-term pressure level is between 100400-101000, and the short-term support level is between 99200-98200.