A new week, a new beginning. Although this is the second week of this month, looking at the overall market, the daily line has formed a pattern of continuous negative closing, and the Bollinger Bands are still in a downward opening momentum. This has a lasting impact on the overall situation. For spot, the current market is also in a depressed state!
Looking at the short-term operation ideas of contract operation, at the current 4-hour level, the overall range fluctuation is not large, but it belongs to a negative trend. After a short contraction, the Bollinger Bands did not immediately go out of the clear market trend, but formed a narrow range! In 1 hour, the Bollinger Bands formed a downward opening and released a wave of shorts. Then KDJ had a golden cross upward trend. At this position, we must not be confused by the surface information. Looking at the overall situation, the current bottom support still has a downward derivative demand! In summary, we still have to maintain the idea of entering the short position at the high position last week!
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BTC: Short around 29200-29400 Target: 28600-28400 Risk Control: 29650
When placing orders, control your positions properly and do not operate with heavy or full positions. Investment and financial management is not a matter of one day or one night. Losses in the early stage do not mean losses in the later stage, and profits in the early stage do not mean profits in the later stage. Therefore, friends who lose money should not be discouraged, and friends who make profits should not be complacent. Let yourself invest rationally with a peaceful mind. Haoyu will give accurate analysis and reasonable suggestions to help friends in difficult situations solve problems and friends in good times achieve better results. I hope that my analysis, btc6238#, will be like a lighthouse, guiding your journey in the vast cryptocurrency market.
