December 25th Bitcoin Market Analysis Specific Strategic Operation Layout Plan
Market review:
Yesterday, the bitcoin trend was blocked at the 7700 line, and the price quickly fell back to the 7200 area. After the pressure from the short side weakened, the price adjusted in stages at the 7300 area. The trend rebounded upwards. After the trend rose to the 7400 area, it was suppressed by the short sellers and fell back down again. After closing the line at midnight, it broke the low point again and continued downward. The lowest fell to the 7160 position. The current pressure decreased and the trend rose to the 7200 area tidy.
market analysis
market analysis
In the daily chart of Bitcoin, after breaking through the high point yesterday, it was blocked and quickly fell back around 7700, and the market has undergone a major change; today's trend is further forced to the middle track area of the Bollinger Band. The upper track area of the forest belt; it can be seen that the bearish sentiment is still strengthening. Once the price is difficult to stabilize at 7200, it may trigger a sharp correction again; in the attached indicators, the STOCH indicator shows signs of continuing the dead cross but remains at 50 Running above the horizontal line, RSI runs down near the 50 level;
On the whole, the volatile downward trend is likely to continue, and it will continue to push downward in the short term. Chen Chuchu believes that the current bulls are weak, and the short-term rebound is not strong. The successive downward tests have not erupted a strong rebound trend. It is likely to continue to extend downward; it is recommended to focus on empty orders, supplemented by long orders; focus on the long position of 7000-7100.
Operating strategy:
Operating strategy:
2. It is recommended to place more than 20% of the position at 7100, followed by 30% at 7000, and look at the top of 7200 for profit.
Message from Chen Chuchu:
Message from Chen Chuchu:
