BTC bulls break through a strong rise or the last stubbornness?
Yesterday's analysis clearly gave a range-bound trend, the lower support is 10600-10650, and the upper pressure is 10780-10850. Friends who keep up with the analysis can get some profits. Yesterday's volatility was very small, except for a wave of pinning, it went extremely smoothly. 10850 above is the watershed boundary between long and short. If there is a large-scale breakthrough, it will continue to rise and test the strong pressure of the 10110 line again. If there is no substantive breakout, it will test the support downward. The first place to touch below is 10500 and 10300. In fact, carefully study the recent The trend does not have an extremely strong or extremely weak general direction, but always oscillates back and forth within a large range. It is very important to control the rhythm and judge the trend. If you chase the rise or fall, you will be hurt. Don't be confused by a temporary rise or fall in your judgment, you must have an investment system at all times. More trading opportunities are waiting patiently, and the current trend is only a triangle oscillation around the daily line level. For retail investors, funds are limited, and it is even more important to seek stability, and risk control is fundamental. The intraday trend is still regarded as a shock, with the pressure at the top at 10800-10850 and the support at the bottom at 10650-10600.
BTC trading strategy reference:
1. It is recommended to short around 10830-10860 after the rebound, stop loss at 10950, and target 10700-10600;
2. It is recommended to go long around 10600-10550, stop loss at 10500, and target 10750-10850.
