Bitcoin U-shaped bottom forms a big rebound? Can bears still be under pressure to break below 10200?
Hello everyone, integrity is the foundation, virtue is the world, carefully study and judge trends and analysis, and pass on valuable investment ideas! I hope it's worth it, and it's worth what you get!
Hello everyone, integrity is the foundation, virtue is the world, carefully study and judge trends and analysis, and pass on valuable investment ideas! I hope it's worth it, and it's worth what you get!
At present, it is stable from the daily line. After testing the 10600 line again yesterday, it fell under pressure, and the adjustment of the large range is basically in place. From a recent perspective, the 10,000-yuan mark has formed a staged bottom pattern, and there are signs of further decline. The recent trend is still unable to shake off the shock. Whether it is rising or stepping back, there has been no sustained increase in volume in the near future, let alone continuity. From the perspective of four hours, the kinetic energy continues to shrink. Therefore, as long as the support and pressure are well grasped, both long and short positions have room for manipulation and profit harvesting. In the short-term period, the analysis of the technical trend shows a U-shaped bottom shape, and the bottom support shows a strong momentum. Then in the short-term period, we continue to be optimistic about the rebound and heavy volume. Yesterday, we tested the 10600 line to make a fall adjustment, and the gap has been effectively filled. In the past few days, the trend tends to be upward, and the upper resistance is constantly exerting pressure. In the short term, the bulls must continue to exert force and stand firm at 10500, so that they will continue to test upwards and guide the market sentiment to be active. This is a positive signal for the bulls. Still the same sentence, if you don't continue to increase the volume, then the shorts will gain energy and continue to go down to reach the 10,000 yuan mark again. We don't like weekly adjustments. Of course, it is best to go straight up. If there is an adjustment, it is also a very good choice to get low-priced chips and better spot entry. During the day, the upper pressure focuses on 10450-10550, and the lower support is 10250-10180. Use the trend to fix the point and use the point to lead the trend. The key points are often the watershed in the market. Don’t love the past, grasp the present, and plan for the future market!
BTC trading strategy reference:
BTC trading strategy reference:
1. It is recommended to go short near the rebound 10450-10520, stop loss at 10600, and target 10300-10200;
2. It is recommended to go long around 10250-10200, stop loss at 10100, and target 10400-10500.
Follow for more guidance on trend interpretation and operational strategy analysis. There are audits for online releases, and the intraday market is volatile. The above analysis does not include specific entry points, but is for reference only. Investment is risky, and you need to be cautious when entering the market.
