The pressure above BTC has moved down, and the rhythm of the shock has not changed
Today, the rebound of BTC continued to be suppressed by the upper shorts. The situation weakened again, and the trend entered the rhythm of shocks and downwards. It tried to hit the 9400 high in the morning, but encountered the suppression and fell back and further forced it to the 9200 line. rebound, but the upper pressure is strong, and the situation is still in a short market. The hourly Bollinger Bands opened downward and broke, and the trend continued to be downward, and it will enter a downward trend in the short term.
Judging from the daily trend, the successive upward attacks have been weak, causing the market bulls to defect, the situation has weakened, and the trend has fallen into a volatile downward trend. The current trend is forcing the 10-day moving average. After breaking the 10-day moving average, there is a possibility of further downward extension The trend, although temporarily encountering a rebound from the support of small stocks in the early stage, but the downward will is strong, the trend is still in the stage of being suppressed, the trend chart shows a strong posture of heavy volume, and there are signs of increasing short pressure, then the follow-up is likely to continue to force the 9200 line , Once broken, it will go to the 9000-9100 area again, the attached indicator MACD maintains a parallel posture above the 0 axis, STOCH forms a dead fork at the 50 level, and the RSI indicator moves downward. The subsequent trend is likely to enter a downward trend of shocks , The author’s suggestion to everyone here is to rebound and follow the short, supplemented by the low and long. Follow up the empty order at 9300-9350 to see the 9200-9100 area, pay attention to the upper resistance 9300-9400, and the lower 9200-9100.
Judging from the recent situation, the trend has been adjusted within the oscillating range mentioned by the author. At present, it is difficult to break through the resistance area above the range, and the trend has entered the rhythm of downward adjustment. However, the high resistance that needs to be broken has been recently The area is also the area of short pressure in the early stage. Affected by this area later, the heavy-duty posture will continue, and the trend will be adjusted within the shock range for a period of time, waiting for further resolution of the upper pressure or a new round of breakouts In order to return to the explosive market again, pay attention to a low-level consolidation stage in the near future, grasp the short-term shock rhythm, and seize the appropriate opportunity to complete effective and timely returns.
