Bitcoin is under pressure, and a short-term fall is an opportunity

Let’s take a look at today’s market. On the weekly line, we can see that the MA5 line is currently broken, but the market is still running around, so the short-term reference may not be very meaningful. The daily line is currently running near the middle rail. , there has been a puncture phenomenon before, so there is no suppression meaning for today only, but as we said yesterday, MA5 did not appear to cross MA10 after the daily line broke through the middle rail, so there should be a callback in the short-term market It is possible, and it can be seen from the four-hour level that although the MACD indicator has completely run above the 0 axis, the short-term indicator Stoch is showing an overbought callback trend. Below you can pay attention to the two positions of the MA5 moving average 11650 and the MA10 moving average 11600. In this area, you can choose light positions to place multiple orders, build positions in batches, and place the profit stop points at 11770-11840-11930 respectively, and you can choose to build empty orders in batches at 11850-11950 above, with a target stop profit of 100-150 points. In terms of defensive support, we still refer to the position of the four-hour MA60, and when it passes through the middle rail, it changes to the middle rail for reference.

The above analysis and suggestions are for reference only, and the specific operation is subject to the actual guidance of Wangyuan! You need to be cautious when making orders, don't enter the market blindly, and pay attention to controlling risks.