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When Bitcoin fails to stand above $9,600, beware of the risk of retracement

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When Bitcoin fails to stand above $9,600, beware of the risk of retracement.
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When Bitcoin fails to stand above $9,600, beware of the risk of retracement.

Bowang BTC perpetual contract data: the long-short position ratio is 2.82, and the power of the bulls has risen sharply, occupying an overwhelming situation

Market review:

Market review:

Market analysis:

Market analysis:

The decline in US stocks still has a certain impact on Bitcoin, but in the range given yesterday, the upper resistance level was broken. The article already stated in the morning that there will be a rebound trend in the short term. Not much to say, today from the 4-hour chart , the Bollinger Bands are in an open posture, the currency price is below the middle track, and it is still in a suppressed state. Judging from the Fibonacci retracement line, it is currently below 50% of the golden section line, and there are signs of trying to break through. From the Gann angle line It can be seen that the current currency price is running in this range of 1/4-1/8 currency price, so from the technical indicators, the KDJ three-line turning head has a tendency to diverge upwards, and the MACD fast and slow line forms a dead fork above the zero axis, green The kinetic energy has begun to shrink, and the fast and slow lines have a tendency to stick to the turning head below, so I think today's trend will rebound in the short term to test the upper resistance, and then go short. The intraday operation will first look at the rebound.

Intraday short-term operation suggestions:

Speaking of this today, I hope everyone can learn more knowledge here. Holder v: btc068068.

The information and data in this content come from publicly available information and strive to be accurate and reliable. The market is changing rapidly, and the real-time operation is subject to the intraday.

Speaking of this today, I hope everyone can learn more knowledge here. Holder v: btc068068.

This article is the coin holder/Weibo with the same name, please indicate the source for reprinting.

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