Technical analysis - Small rebound expected during the day, pressure on the upper side 4-17
------Bitcoin is supported at the bottom again in the short term, and rebound is expected during the day. Most of the chips support appears at the bottom. After the support is used as a basis, the short-term outlook is mainly for gains. Nearly 8,000 chips have recently flowed out of the Bitcoin exchange, and large purchasing power has appeared on the chain. The bottom is temporarily around 61,800.
There are still 3 days before the halving, and the weekend market will officially open in 3 days. We should still pay attention to a retracement today and Thursday. It is still easy to be lured into shorting by news and technical aspects during the day. Just buy chips slowly, and pay attention to the selling pressure near 66,600 on the daily line.
Daily level market
- The daily level encounters a large-level support rebound, and temporarily moves to the daily level weak shock, with bottom support near 61,500, large-level support near 55,000, and upper pressure near 66,600 and 67,500.
4-hour level market
-4-hour level rebounded from the bottom of the falling channel, and now encountered pressure near the upper rail. The two positions of 64500-65500 are the upper rail pressure of 4 hours, the middle rail support is near 62700, and the bottom support is 61500.
Intraday level analysis
----In the intraday small cycle of Bitcoin's strength, the nearest support is near 63500. If it stands on the upper side, pay attention to the breakthrough near 64000. After the breakthrough, look at the pressure of the 4-hour level. If it encounters a break, the short position will look at the support near 62700.
The overall market tends to strengthen at a small level, with support at 63000, 62000, and 61500 below, and upper pressure near 64000, 65300, and 66600. #大盘走势 #比特币减半