The direction is clear, no simulation or ambiguous analysis is done, for reference only
News: Today's Fear and Greed Index is 60. 1. Crypto asset settlement service company Slash Fintech has reached a cooperation with Mantle Network. 2. Coinbase's average daily outflow has reached about 10,000 BTC since the launch of the spot Bitcoin ETF. 3. The Dencun upgrade on the Ethereum Sepolia test network went live on Thursday. 4. Musk deleted "(CTO) Chief Troll Officer" from X's profile, and TROLL fell by 46.2%. 5. Venture capital company Uncorlated's new fund has completed $315 million in fundraising, 1/5 of which will be used to support crypto startups.
Technical aspect: The price of bitcoin came as expected. When it rebounded to the 43500-44000 range, the upward momentum was exhausted. After reaching the highest point of 43882, it entered the callback mode. Yesterday's analysis had a reminder to reduce positions. I wonder if everyone has executed it. The MACD fast and slow lines at the weekly level have not yet formed a dead cross at a high level, accelerating the decline. What is the dog dealer selling in the gourd? In any case, Feilong can tell you very clearly that it will take at least one month to clean up and sort out. Although the EMA30-day moving average at the daily level has broken through, it is unstable. It is just a false breakthrough and will fall again. Feilong mentioned it in the previous analysis. Waiting is tormenting, and the dealer is much more patient than you. The 4-hour level closed with a large negative line, and the MACD has also formed a dead cross, which is a typical continuation of the bearish market. Without saying too much, continue to wait for the callback. The golden pit in February and March will only be late, not absent! #BTC #币圈行情
