Afternoon commentary: BTC is long and short

Market analysis:

The price of Bitcoin fell back under pressure after touching the 10969 position in the early morning. The current price is running around 10915. Looking at the daily chart, the market trend is still continuing the rebound rhythm of the currency price, but such a rebound rhythm needs to be corrected first, and then rebounded after accumulating strength at the bottom, indicating that the direct upward trend is not obvious, and every time it runs to 10900- There will be resistance after 10200. After this range is blocked, there will be obvious signs of stagflation and decline. At present, the advantage has just broken through the resistance state of 10900. The short-term trend may still be a false breakthrough. Looking at the four-hour level, the current trend of the big pie fluctuates at a high level. The currency price is affected by the resistance at 10950. The two shocks failed to stabilize and break through. The momentum of the bulls has begun to fail. The first support at the bottom is around 10850. The attached indicator MTM combined From the perspective of quantity and energy, the current trend has turned "quiet", wait for the momentum signal to appear before placing long orders, and the intraday is mainly bearish.

Suggestions for BTC operation:

Suggestions for BTC operation:

Empty near 10950-11000, take profit 10850-10750, stop loss 11100;