Posted at night, Bitcoin was shorted near 40,000, and the currency price rose to around 39,990. It fell all the way to around 39,600 at night, and currently has 400 points of space.
Judging from the four-hour chart, the operating channel remains open upwards, the middle rail shows a gradual upward trend, the price hovers around the upper rail and consolidates, the bull volume can maintain a heavy volume arrangement, the moving averages rise consistently and have strong stability, and the small cycle shape remains With the upward trend, the callback is the rhythm of building a bottom and accumulating strength.
Judging from the daily chart, the operating channel narrowed and then broke upward, the callback was weak, the bull volume was arranged in a large-volume manner, the price is now running outside the lower track, the moving average showed a consistent upward trend, and the trend was restored. , is expected to move higher and break lower, and the space below will continue to break through.
My personal Bitcoin operation recommendation is to enter the market directly with a short order near 39900, with a target of 39500-38500.