On the first day of the second half of Bitcoin, are you bullish or short?
Market review
Yesterday's market closed at the end of the month, and the market basically did not fluctuate much. After Bitcoin rebounded from the rebound to 9000, the market has been fluctuating within a narrow range for several consecutive days, and the price movement track is also within the 9000-9300 range. In the day, the bulls and the bears once again stalemate at the first line of 9150. Although there was a rebound in the early morning, the strength was insufficient and it failed to return to the area above 9200. The current price is oscillating around 9130.
market analysis
market analysis
From the four-hour chart, the price of BTC is suppressed by the MA60 daily moving average, and the MA is arranged in a short downward direction. At the same time, the dead cross of MACD means that the medium-term trend of BTC is bearish, and a short-term rebound requires a large-scale upside attack by the bulls to reverse this trend. Otherwise, the market situation is not clear, and Xiaohei (e5c5vqtz7) believes that once it is too late to increase the volume, it may face a downward trend again.
Action suggestion
Action suggestion
Near 9200-9300 short stop loss 9450 target 9000
(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)
(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)
