The resistance is gradually approaching, seize the rebound opportunity and make an empty order layout
Since BTC went below 9000, coupled with the influence of policy news, the decline has been strengthened, and the bulls have tried to rebound many times but have failed. At this stage, it has come to sort out near the 7000 mark, and once fell below the 7000 mark. There will be a rebound opportunity after reaching 6790 US dollars, and it is currently sorting around 7200. Recently, Jiayong has given a suggestion: there will be a rebound opportunity at the 7000 line, and short-term long-term layout can be done. Judging from the weekly or even monthly level, there is a long-term main defense in the 6900-7000 line, and there will be a better rebound opportunity than 8,000 US dollars, but from the general direction, the trend is in a downward trend of shocks.
At the current stage, the long position has never had a chance to strengthen. On the contrary, the short position has continued to intensify, and news of funds leaving the market has been continuously reported. However, the trend has not fallen below the current support again, which proves that there is still relatively strong buyer support at this stage. .
Under the influence of the amount of funds and policies, BTC is still unable to break through and stabilize the current resistance formed by the previous support of more than 7,400. Friends who have spot goods still need to beware of strengthening the short position during the downward movement. The trend has not tested the support strength for the time being, and it has become optimistic, and it is not ready to form a rebound. After a period of shocks and downwards, it has completely fallen below the 8,000 mark, and it needs to wait and see before returning to 7,400.
During this period, contract traders can follow up the high-level short orders in the range according to the short-term support and resistance. The overall range of the trend is as shown in the figure, reaching 6800-7400. It is expected that the bulls will be unable to do what they want after the continuous protection of the market. The operation strategy is still to follow up the empty orders after the rebound. Whether it is the accumulation of income in the shock, or the expansion of income in the long-short period, Jiayong will bring you the most comprehensive analysis and suggestions to help you achieve ideal results in the end. If you want to get my instant guidance and advice on more mainstream currencies Friends of friends can pay attention to the official account/Jiayong Kanbi circle.
