This market is really changeable. It rebounded, then began to pull back, and then it went back and forth like this! Until the interest rate cut began, some news from ETFs stimulated the arrival of a violent bull market!
Let's take a look at the market of the big cake first. After rebounding to around 64392 yesterday, it began to decline rapidly. To today's 62055, it fluctuated up and down by 2000 dollars! The overall sentiment is not high. Under the condition that the external situation is relatively positive, it is also difficult for the main force to continue to kill. Everyone does not need to panic too much. Predict the falling position and place an order to eat the rebound!
At present, the US dollar has entered a falling cycle. It can be clearly seen from C2C that the U price has fallen by more than 3% from the high. Now the medium-term expectation is still to cut interest rates. As long as the interest rate cut begins, no matter how it goes, it will go up. At present, as long as there is a big drop, it is an opportunity for us to continue to deploy spot. In addition, the effect of the halving of the big cake also needs time to amplify. Reducing the selling pressure of 400 big cakes every day, reducing a large amount of supply in the medium and long term, and the outflow of grayscale has gradually stopped. What is left should be relatively firm chips. Keep confidence!
Judging from the market trend, it is difficult for technical analysis to produce results. We can only say that under the market technical analysis, considering the impact of the overall environment, the position of technical analysis should be appropriately adjusted down! There are two ways to layout the big cake contract. In the rapid rebound and decline, short at high positions and long at low positions!
Short-term support below 61000 60000
Short-term resistance above 64000 66000
At present, the big cake trend below 61500-61000 can choose to take long! Stop loss is placed near 60500! Don't be in a direct operation pattern, just leave when you are almost there. This market really can't be patterned, the fluctuation is too big!
