The direction is clear, no simulation or ambiguous analysis is done, for reference only

News: Today's Fear and Greed Index is 50. 1. IBM and blockchain service provider Casper Labs have reached a strategic cooperation to promote Web3 and AI technology integration services. 2. In the past 24 hours, Grayscale has outflowed 15,308 BTC, and Fidelity and Bitwise have inflowed a total of 6,664 BTC. 3. ARK Invest bought about $21.05 million of ARK 21Shares Bitcoin Spot ETF again yesterday. 4. This week, DYDX, ACA, YGG, AGIX and other tokens will be unlocked, pay attention to risks. 5. Goldman Sachs Global Trading Strategy Director: It is expected that the United States will cut interest rates four times in 2024.

Technical aspect: Bread fell below the 40,000 mark, and the cottage fell like a dog. What will happen next? Let's listen to Feilong's analysis. The overbought wave of the weekly RSI indicator is gradually receding, and the energy column of MACD is also showing an underwater state. Since the ETF was passed, it is clear that there is a process of turning from long to short. The daily level closed with a large negative K-line, which is not optimistic. Brothers with full positions, if there is a rebound, it is the right choice to reduce positions at highs. The daily ant pass is about to close, and it is expected to be next week! As I said, don't be the enemy of the trend, it's not time to go all in. Since the 4-hour level has effectively fallen below the 200-day moving average, I have emphasized to everyone that when there is a false breakthrough, it is time to attack downward again. It has only fallen about 19% from the highest point, and the time period is only 12 days. Whether it is the decline or the time period, it is far from enough. It can only be said that the progress of the wash is only one-third. Wait patiently, you will come back to thank Feilong. #比特币BTC #币圈行情 #BTC