Bitcoin quickly pulled up after a thousand-dollar pullback. Is it preparing for a new high or the main shipment?
Before analyzing today's market, let's first review the trend of the past period of time, as shown in the figure below
If you have any market-related APP software (such as Aicoin), then every day you will receive a notification similar to "Greyscale increased its holdings of 7963 BTC yesterday". Basically, the notification of this message every day will bring an overall rise in the market Sentiment, the price has also been pushed up by 5,000 points all the way, and it is currently falling back after encountering resistance around 16,000, and is in the stage of periodic washing and waiting for the direction.
The current trend is actually very obvious. The bulls are rubbing against the shorts all the way. Although the so-called "bearish pattern" cross star was closed at the daily line level in the past two days, and a big cloud was closed the next day, this does not mean that The end of the trend.
I often say that "a trend is like a moving train, one brake is not enough to stop it immediately, and the inertial force will continue", the current bulls are like this train, and the high cross star is like that brake, but this One foot, is it the end? Or is it a temporary stop for repairs?
To be honest, we can't be sure, but what we can be 100% sure of is that this "multi-army train" will not stop immediately, even if it stops, it will take a period of buffering (inertia).
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BTC
On the 6th, a high bearish signal was received. On the 7th, the bearish sentiment continued to pull back 500 points. On the 8th, the downward momentum of the 7th was not continued. Instead, a big positive line was drawn back, indicating that the supply did not follow. Under the background of the bulls, it was a more obvious washout After finishing, wait for a new high to be broken.
At the 4-hour level, the price touches the 15600 supply range for the first time. Structural pressure will cause the price to stagnate here. The price at this position is easy to go back and forth. You need to wait for opportunities and signals with higher certainty before placing orders. It is recommended to start from Look for short-term short-selling opportunities in the period of less than 1 hour, but short-selling here can only be a high-return game order, with a low success rate and a high profit-loss ratio. You need to consider whether to do it or not.
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ETH
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EOS
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LTC
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BCH
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BSV
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ETC
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YFI
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DOT
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LINK
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UNI
UNI is also a typical product that has left the bottom, so let’s step back and do more. It’s not said, 2.5, 2.2.


