4-18 Bitcoin analysis:

At present, the big pie has fallen below the previous low of 608 and made a bottom, but there has been no heavy volume breakout, so it is currently carrying out a counter-draw. So what needs to be paid attention to now is the key position of 5.9W US dollars below. If this position supports If you don’t hold on, there will be a big drop.

Now that the triple top structure of the big pie is established, there is a short-term weekly short trend. No matter how the big pie rises, it will not be considered a trend reversal until the price reaches 650.

What we need to pay attention to now is that if the big pie is blocked and continues to fall to test the 5.9W position after rebounding, or even falls below 5.9W, then we have to be cautious at this time. We need to be cautious about whether the big pie will fall below the 4W bottom like the last time at the end of January. After acquiring all the long liquidity, start hunting the short trend.

So no matter how the market moves now, it is currently in a weak shock. Even if it rebounds to 650 later, it will continue to test downwards after it has not stood up. Whether it is long or short, it is true that the contract has a stop loss. #BTC