8.6 Morning Analysis In the 1-hour chart of Bitcoin, after a price drop to a low level, a long lower shadow pierced the lower Bollinger band, followed by a formation of a small upward candle with reduced volume that sketches the early signs of a bottom reversal. The bullish rebound candles are expanding in a strict maintenance of the 'no breach of previous lows during pullbacks, and breaking through previous highs' step-up structure. The pullback bearish candles are reducing in volume to a minimal range, clearly showing that the selling pressure is exhausted. The increased volume during the downward movement signifies a 'panic sell-off signal.' During the rebound phase, the volume is gradually building up, corresponding to the orderly rhythm of buyers absorbing concerns at low levels. If the price can stabilize near the middle band and break through the upper resistance zone, the short-term bullish momentum will be released. Make sure to set stop losses! Trading Suggestions: Buy Bitcoin around 113500, target around 115000, Buy Ethereum around 3586, target around 3680.
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The pie had a correction in the early morning, reaching the lowest level of 69165, and did not continue to decline. Then the price rebounded again, and the current price rebounded to near the 70,000 mark, entering a volatile consolidation.
Operation suggestions:
Big pie: around 69600~70100, look around 71200~71800, defend 69000
Auntie: Just synchronize, pick up the points, and take good defense
Bitcoin broke through the suppression of the previous double top in the middle of the night last night, opening up room for growth, and the price of the currency rose further. Since we chose to break upward, we followed the trend and went long, and fell back in early trading.
After Bitcoin broke through the previous high resistance, it broke the double-top structure. Although there was a slight decline in the early morning, we are still bullish on the overall trend. The bottom support is now 64500. If it falls back closer to the support in early trading, we can go long. If it falls back near 64500, it can increase first.
Operation suggestions:
Big pie: 64700~65300 Zuoduo, see 66300
Auntie: Just synchronize, lock the points, and take good defense
The overall volatility of Bitcoin yesterday was relatively volatile. The CPI was bullish in the evening and the currency price rose sharply in the short term. The accumulated emotions of the bulls broke out at this moment. While breaking the previous high and measuring the pressure, it once reached the 66400 mark in the early morning. The previous downward trend After being terminated, a strong rise was ushered in.
The development of any trend requires the cooperation of secondary rhythms. When the bulls continue to exert force, they must accumulate energy through corrections and launch a new upward attack. Adjustments here are inevitable again.
Operation suggestions:
Big pie: 66800~66300, see 65000
Auntie: Just synchronize, lock the points, and take good defense
Yesterday, Bitcoin showed a weak downward trend. Since the early market rebounded around 63100, the price of the currency began to fluctuate all the way down. Until the late stage, the currency price reached the lowest level of 60950, where it stopped falling and recovered from the shock. The current situation is Running near 61600.
Judging from the 4-hour structure chart, the Bollinger Bands are in an open state. The currency price has been suppressed by the upper track many times, and fell back under pressure. It went all the way down, with many pins inserted to explore the bottom. Finally, it fell to around 60950, closing with a long lower shadow line. , the kinetic energy of the top has begun to shrink. It is very obvious that the purpose of this pullback is to wash away some of the bulls. After hitting 63500 many times to no avail, it is necessary to call back to accumulate funds and continue to sprint to the high point. Overall, the bulls The trend is still there, early thoughts are trembling first and then panic!
Operation suggestions:
The big pie is 61300~60800 Zuoduo, just look at 63000
Auntie: Just synchronize, lock the points, and take good defense
Yesterday, Bitcoin developed as we expected, rising all the way up, hitting the 63440 area above and falling back under pressure, and formed a sideways range adjustment in the early morning hours, with an overall increase of 2,700 points.
Judging from the current structure, a shock structure trend was formed last night. After reaching the 63440 first-line position in the upward trend, it has been unable to break through, while the bottom line support is near the 62300 first-line position. Looking at the short-term indicators, we can focus on pulling back and rising higher in the short term.
Operation suggestions:
Big pie: around 62100~62600 Zuoduo, look at 63500
Auntie: Just synchronize, lock the points, and take good defense
The trend of Bitcoin has been running slowly in the two days over the weekend. The height of the increase is small and the depth of the decrease is not enough. The long and short positions have not been able to form a continuation. The current structure is too biased towards the box shock consolidation cycle trend. The rebound is not strong. At the same time, the downward exploration is blocked. , a volatile long-short cycle, and a dead cross has formed on the daily line. Although it has been lowered in the short term, it does not affect the overall upward trend.
Judging from the one-hour chart, the price dives gradually lower and opens a downward channel. It is currently hovering in the mid-rail area. The operating channel has not been continuously opened downward. The short positions can be arranged deliberately but not released unintentionally. The moving averages are circuitous and showing an upward trend. In the short term, There was fluctuating demand on the market, but it did not continue to fall. Today, the overall price is expected to recover and rise.
Operation suggestions:
Big pie: Zuoduo in the 60600-61100 area, look at 61800-62500
Auntie: Just synchronize, take good defense, and get good positions
5.10 Afternoon Analysis Bitcoin is currently surrounded by strong bullish sentiment. After a slight correction last night to test the bottom strong support, it continued to rise, and there was no decent correction during the session.
The current trend is still continuing to rise, so you must stay calm and do not chase high at this position to prevent a change in the market. Look at the correction first as the weekend approaches.
There is not much to say about the indicators. A large positive line on the daily line directly covers the entity of the negative line, and the moving average naturally turns upward. Now it is oscillating near the middle track.
Big cake operation suggestion: 63200~63700 箜, look at around 62400.
Yi Taifang operation suggestion: 3040~3060 箜, look at around 2970
How is a trend of a certain level completed? There are four stages in total, and the trend ends after the four stages are completed.
Step 1: The trend must be perfect. This trend must form the center of this level, that is, the trend must be perfect. The so-called perfection is that the center of this level is formed after the sub-level trend is completed.
Step 2: No trend, no divergence. After the formation of the big center of this level, a trend must be formed. Without a trend, there is no divergence.
Step 3: Divergence. Distinguish between consolidation divergence and trend divergence. Divergence is formed by trend, and the consolidation structure may not be completed, so you must wait until the trend appears.
Step 4: Range set. The trend of this level is the divergence segment or oscillation segment of the high-level trend. Under the support of the high level, this level ends. In addition, if it is not a range set or a high-level oscillation segment, the trend of this level is a second-level buying and selling point, that is, there is a high-level first-level buying and selling point in front, such as this turning point.
The above four stages are indispensable, otherwise the operation will be uncertain. As for the central oscillation, it is also operated on the premise of knowing clearly whether the current trend is rising or falling. The difficulty lies in the turning point of the trend. If you treat the turning point as a oscillation section, you will either miss the opportunity or be thrown down. If you follow the above four steps, you can greatly improve the accuracy.
On Friday morning, don’t forget to give yourself a smile. May your day be better than yesterday. Happy Friday!
Judging from the 4-hour chart, although the current rebound in the market is still relatively strong, there will be a certain fall after each wave of rise. In the short term, there are also many surges and falls. Moreover, after the currency price breaks through new highs, it does not start to rise and fall again. It’s still a double top structure, so don’t chase Duo directly. In the morning, focus on kong first and then Duo.
Operation suggestions:
The big pie is 63300~63800, just look at 62000
Auntie is in sync, has good points, and takes good defense.
Yesterday morning, the first support level of 60590/2970 was broken, and the downward opening has been opened. There is still a gap below!
The small cycle shock sentiment is getting more and more intense, and the head of the head occupies an obvious trend. The rebound and repair are all for a gradual decline. The short-term decline will be accompanied by a phased rebound. The high pressure gradually moves down, and the state of shock and decline remains unchanged. We will continue to participate in the high level in the future.
Operation suggestions:
The rebound of the big cake is 61600~61100 area, and look at 60300~59200
Bitcoin halving is good news, why does the price of the currency fall instead of rise? In-depth analysis and future prospects
The Bitcoin halving event has always been seen as a major positive for the market, but the recent Bitcoin price has not risen as expected, but has fallen instead. This phenomenon has attracted widespread attention and discussion in the market. This article will analyze this phenomenon in depth from multiple angles and explore the future range and trend of Bitcoin. 1. Good news is bad news In the financial market, good news can often arouse investors' enthusiasm and drive prices up. However, when good news actually comes, the market reaction may be completely different. Before the Bitcoin halving event, the market generally expected that this would lead to price increases, and many investors made arrangements in advance, waiting for the good news to be realized. However, when the halving actually happened, the hype expectations had already come to an end, and some bookmakers chose to ship for profit, resulting in an increase in market supply and a drop in prices.