Goodbye at 10,000, see you at 8400

Market overview

Market overview

1. Multiple bearish positions occur frequently, bulls are facing a test

As the leader in the digital currency market, BTC has directly rushed from 3,800 points to the 10,000-yuan mark under the blessing of the halving market. After 2 weeks of hard work, it still has not broken through the 10,000-point mark. The previous high of 10,500 is also far away. Bulls The mood has been somewhat depressed, which is not very good news for BTC, which has no story to tell after the halving. Fundamentally speaking, bad news has been frequent recently, and "Satoshi Nakamoto" tossed coins, Binance Pirates, etc., regardless of the authenticity of the news, sending out this kind of news itself is a conspiracy. kill you.

2. It is difficult to break the 10,000-point mark, and the technical side is under strong pressure

The high point of BTC's daily line level has decreased, and the upward trend line has now fallen below. There is basically no display of demand power. It is very likely that it will fall directly today. If it falls below 8400, it will directly form a big top of the daily line level and start a short trend from then on. , Before falling below, maintain a high level of volatility to look at the market. It is unlikely to go back to 10,000 points in a short time.

In terms of overall operation, it is recommended to hold the protective floating profit of the spot, open hedging, and see the performance of the price at 8400. New interventions need to wait for buying opportunities around 8400

Today's Trading Strategy

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The content is for reference only and does not constitute any trading transaction. Investors are requested to trade rationally and strictly stop losses.

There are risks in entering the market, and investment needs to be cautious!

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