Bitcoin market analysis: the signal of bulls is obvious, whether they are attracting bulls

[24-hour flow of funds]

[24-hour flow of funds]

Currency holders [BTC/USDT market review] Yesterday morning to around 5 o'clock, the currency price rebounded slightly, and the fluctuations during the day and night were not large, and it fluctuated around 9100, basically sideways. The Bollinger Bands have been closed since the evening, and the currency price has fluctuated within a narrow range until now.Currency holders [BTC/USDT market analysis] From the daily chart, the MA5 daily moving average and the MA10 daily moving average were glued together yesterday. A strong breakthrough, currency holders believe that the suppression is still very strong. On the whole, the Bollinger Bands are slowly descending, and the support and pressure levels also change accordingly.

From the 4-hour chart, after a slight rebound yesterday, the price of the currency has been slowly declining since the early morning of today. In the current moving average system, the MA5 moving average and the MA10 moving average stick together, suppressing the currency price. In the KDJ indicator, the KJ line has crossed the D line, forming a golden cross. In MACD, the amount of short positions can be gradually shrinking. From the current point of view, currency holders believe that if the currency price effectively breaks through the 9100 line, the market will remain the same as before, and the Bollinger Band will go down, and there is a possibility of a decline.

2. The market is long around 8800-8900, the stop loss is below 8650, and the target is 9150-9250. You can take profit in batches and move stop loss. Take a good stop loss in the transaction and control the position.

(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)