Early Comments on Bitcoin Market Analysis on January 2: The Change of Rhythm Still Needs to Grasp Key Opportunities
Market review
Bitcoin fell below 7200 yesterday and then rebounded from the lower support until it rose to 7244 at noon yesterday, and then under the suppression of the upper resistance, it formed a callback trend; the price fell below 7200 again, but did not break the low of the day; in the evening At 23:00, the trend tried to break out upwards, but it only rose to 7256 to form the high point of the day. The offensive weakened in the early morning of this morning, and it fell into the rhythm of a callback before reaching yesterday's high point. The current trend fell to around 7200 for consolidation;
market analysis
market analysis
In the attached indicators, the MACD indicator has begun to enter the parallel stage, and the STOCH indicator has moved downwards sharply; overall, the trend has entered a volatile downward trend. Although the downward pressure is not strong, the strength of the bulls is gradually being eroded; the author Chen Chuchu believes that the short-term pressure on the short side is increasing, and the operation follows the trend, while the overall rhythm is still in the shock stage, it is better to pay attention to timely profit and leave the market during operation;
operating strategy
operating strategy
2. For multiple orders, it is recommended to place a light position around 7100, just look at 7200, and stop loss at 7050;
Message from Chen Chuchu
Message from Chen Chuchu
