BTC bulls continue to rise step by step, and short bears are in trouble, can they welcome the outbreak?

[BTC Technical Interpretation]

Yesterday's trend is very different from the analysis article, first look at the callback to get support before rebounding. The support below focuses on the 9250-9000 line. After testing the 9200 line this morning, it got a strong rebound, which also confirmed the effectiveness of the support. Yesterday's analysis made it clear that the short-term callback will definitely continue to be optimistic about a wave of rebound, and we will test the upper pressure again. Whether it continues to rise and break through 9400-9450 is related to whether the market outlook can stand firm at 9800 and open the 10,000 yuan mark. On the contrary, if it falls back quickly after testing the strong pressure at the top, and continues to fall after the rebound is weak, then if it falls below the 9200 line, the market outlook will continue to fall sharply. After this trend breaks through the range, it is expected that there will be a big market to wash the market and change the current shock area again.

BTC trading strategy reference:

BTC trading strategy reference:

1. It is recommended to short around 9350-9400, stop loss at 9520, and target 9200-9150;

2. It is recommended to go long around 9200-9150, stop loss at 9080, and target 9350-9450.

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.