BTC breaks through the sword pointing to 10,000, how can the bears return the color?
【Today's Currency News】
【Today's Currency News】
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In transactions, there is only trust, no doubts, only rules, no violations, only principles, and even more rules! In trading, trend trading is very important. It is the premise of following the market. We cannot trade against the trend. We can lead the market, and you just need to follow closely. Some key points are trend switching, but it seems that we are confident !
[Interpretation of BTC market]
From the perspective of the daily line level, BTC has risen strongly, hitting the highest line of $9,800 today, and fell back when it hit strong pressure. The current price is trading around $9,640. The starting point in the early morning of yesterday was the 9550 line. This position is of great significance for long-short conversion. From the perspective of the 4-hour level, there are five consecutive suns, and the price continues the bullish trend. It is expected that the upward trend will continue after a short-term retreat. This rebound is the seventh time it has touched the 10,000 yuan mark. Whether it can make a strong breakthrough this time and open up the upside is worth looking forward to. Whether it breaks through 10,000 yuan or is blocked or falls in the market outlook, big profits are waiting in the right direction. Don't get entangled, don't be anxious, and hold it calmly. Technology is technology. We often say that key points are often the watershed in the market. On the whole, the current short-term maintains a high level of volatility, and it is expected that after being blocked, it will reach the rising point in the early morning and start to rise again, following the trend. The rising momentum is like a bamboo shoot, and bulls are like chopping vegetables. It is inevitable to see a bullish trend. The long position remains unchanged, and the retracement is to give us a better point to go long. The direction is right, don't be afraid of the long road, don't get off the bus halfway, and you will make a lot of profits in the end! There is no secret to trading, let alone shortcuts, only adhere to the simplest principles and abide by the simplest rules of the market to execute! The lower support is 9550-9450, and the upper pressure is 9750-9850.
BTC trading strategy reference:
BTC trading strategy reference:
2. Go long around 9550 and 9480, stop loss at 9380, target 9750-9800.
The above suggestions are for reference only. The market is changing rapidly. Real-time analysis and operation of real positions shall prevail. Please do a good job in risk control during transactions.
