Beware of Bitcoin's Waterloo in the market
Industry information
Industry information
2. Whale Alert data shows that at 08:20 on June 24th, Beijing time, about 41,000 ETHs were transferred from an unknown wallet to Bitfinex exchange. Based on the current price, the value is about 10 million US dollars. 3.
Market review
Yesterday, Bitcoin has been on a fluctuating upward trend since the early morning, and reached the highest point of 9785 at 5 o'clock in the morning. The market price fell slightly during the day, and began to fall from 6 o'clock in the morning. There was a slight increase in the evening. The market this morning mainly fluctuated between 9600 and 9680, and is currently stable around 9630.
market analysis
Looking at it in four hours, the price is on the upper track of the Bollinger Band. The red kinetic energy of MACD indicator in the attached picture is gradually shrinking, and the third line of KDJ and RSI turns downward, and is in the overbought area. There is still a possibility of callback in the short term. Pay attention to the pressure position of 9750 above and the support position of 9482 below. Yiyi still tends to fluctuate slightly upwards with a high probability, and the market needs to be repaired in the short term. In the current situation where the market is generally bullish, July (VX: lht159258357) reminds you to beware of Waterloo in the market that lures the bulls. You should wait patiently for whether this range can break through, and do not chase the rise and kill the fall.
Operation suggestion:
Operation suggestion:
1. It is recommended to do long wet positions around 9450-9550. If you reach around 9480-9500 to cover positions, the target is 9700-9750-9850, and continue to hold if you break the position;
