Bitcoin Market Analysis: There was a waterfall last night, what is the market outlook today?
[24-hour flow of funds] From yesterday to 9:00 today, the 24-hour net inflow was -$4.15, of which the net inflow of main players was -$191 million, and the net inflow of retail investors was -$224 million. Among them, the 24-hour net inflow of large orders was -177 million, the net inflow of medium orders was -12.8655 million, and the 24-hour net inflow of small orders was -223 million.
Currency holders [BTC/USDT market review] The currency holders have already written in yesterday's article that yesterday's market is relatively dangerous. I don't know if there are any friends who have empty orders. Yesterday, the long-short competition was fierce during the day, and it was basically adjusting sideways. At around 21:00 in the evening, the Bollinger Bands opened downwards, and a waterfall appeared. The currency price directly fell below the lower track, and there was a recent low of $9160. The closing price was at 9209 line.
Currency holders [BTC/USDT Market Analysis] Judging from the daily chart K, a big negative line was collected yesterday, and the price of Bitcoin fell below the moving averages and the middle track (9237) one after another, affected by the MA10 moving average (9187) support. Looking at the indicators in the attached figure, the second line of KJ is downward and the D line is in a bonded state, and the volume of the bulls in the MACD volume indicator is somewhat insufficient.From the 4-hour chart, we can see that the price of Bitcoin has rebounded slightly since the early morning of this morning, and the Bollinger Bands are currently showing a trend of opening. In the attached indicators, the third line of KDJ diverges downwards below 50, and the short position in MACD can be gradually released. On the whole, if the market has not stabilized at the 9284 line today, and the 9192 line has not been effectively supported, then the currency price will still fall.
(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)
(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)
