【Yesterday, 1.8 billion CNY was wiped out, and 73,018 people's assets were reduced to zero! Where will the market go today? 】
2024.4.6 morning 9:21 BTC market analysis
Although last night's non-agricultural data was slightly bearish for capital adequacy, it was also said last night that it was good for the US stock market. The US stock market stood up last night and closed with a positive K, but the general decline related to the encryption field, because encryption assets belong to risky assets, in the case of possible postponement of interest rate cuts, it is normal for such risky asset-type stock targets to go out of the correction, but after the market, due to the excessive decline, the after-hours price has rebounded!
BTC is now stable. On Thursday, the volatility was large at 65100-69329, and on Friday, the volatility has been compressed to 65966-68585. At this moment, most cottages have a demand for rebound at the 1-hour level, but the volatility may increase after 24-48 hours, that is, today's intraday retracement to bet on a short-term cost-effectiveness is still good!
BTC attention
Support 66300-66500/61000
Pressure 70500
At the moment, the price of Bitcoin is fluctuating in a narrow range between 66000 and 68650. If there is a breakthrough or a break below this range at the weekend, don't be fooled easily, because the market at the moment does not have the sentiment of retail investors for a big breakthrough. If it breaks through, it must be a push. Grasp the low-to-long signal of the push! If it breaks through 68650, it will at most reach 70500, but it is not recommended to chase this breakthrough order, because the market has not yet brewed the sentiment to stabilize 70000+!
