The direction is clear and can be analyzed without simulation. It is for reference only.
News: Today’s Panic and Greed Index is 74. 1. Multiple zkSync ecological projects have successively released previews of “2024.03.24”. 2. The total number of Ordinals inscriptions minted exceeded 63 million, and the fee income exceeded US$400 million. 3. Ten U.S. spot Bitcoin ETFs experienced net outflows for the first time in a full week. 9 spot Bitcoin ETFs currently manage over 470,000 BTC. 4. Cathie Wood’s latest prediction: Bitcoin may reach $3.8 million. 5. Head of Kraken UK: Supports UK approval of Bitcoin ETF.
Technical aspect: The market for the market is boundless over the weekend, and both bulls and shorts are weak. There will be no big rise or fall in the short term, and range-bound box oscillations will continue. The weekly level may go sideways until after the halving, and the RSI overbought indicator is still high and needs time to accumulate strength. The daily line level is a bit ugly. It closed a doji positive line with a shadow line, which was supported by the EMA30 daily moving average. It fell and shrunk, and the adjustment was completed by replacing the fall with a sideways movement and changing time with space. At the 4-hour level, the Bollinger Middle Track shows signs of turning upward, but the K line has not increased its volume to stand above the Bollinger Middle Track. The MACD fast and slow lines are still underwater and are still relatively weak. Now we need to observe whether this strength can increase the volume to challenge the middle track of 65200. And the MACD fast and slow line must cross the zero axis to become stronger. In terms of operation, be patient in the long term and hold on, and it will be your turn to take off the coins in your hand! #币圈行情 #心态决定结果 #btc #山寨币
