BTC trades cautiously in the game of buying and selling, ETH looks to rise and fall within the day
On Thursday (March 25), Bitcoin continued to fall, staying above $52,000. Earlier, the price dropped to $50,360. Bitcoin hasn't traded below $50,000 since March 8, well below its all-time high above $61,000. The options market braced for volatility ahead of the expiry of a record $6 billion contract on Friday, with prices falling to around $44,000 for a "maximum pain point," meaning buyers lose the most and sellers gain. This is a game, and judging from the current situation, buyers seem to be holding back, instead of buying on the dip, they are sitting on the sidelines to see what happens. No matter how the market changes, we must do a good job in risk control, and strictly control the stop loss and take profit in intraday operations.
On the other hand, with the arrival of the contract delivery period, there will be a large amount of funds that may continue to hold Bitcoin. Therefore, the contest between the long and short sides of the market is still full of gunpowder. The most likely way is that the price first It is also the most ideal state to go down and then big funds enter into holdings. In fact, it is not difficult to see from the trend from last night to the present. The current price fluctuations are not large, and the market trading is still relatively cautious.
Bitcoin fell all the way on Thursday, and the price continued to set new lows. The lowest test was around 50,500. Then the market stabilized and began to fluctuate upwards. It did not directly pull up, indicating that buyers and sellers are in a game. The market is bound to be turbulent. Let’s review the previous trend. Before, Bitcoin hit a new high and rushed above 60,000. It is also expected to prepare for the delivery of this contract. Looking at the daily line, the price of the currency has fallen all the way and successfully tested the support of the first-line position of the lower track of the Bollinger. At present, the Bollinger Bands have shrunk slightly and the market has begun to rebound. Looking at the direction, the market is still in a weak position. It is not suitable to be blindly bullish. The focus below is on the support of the 50000-50200 range. If there is no breakthrough in this position, the previous low point will not appear, and the market will start to rebound. Once the position is broken, the space below will be relatively large Yes, the author is more inclined to the former. With the fall of Bitcoin, it is bound to attract funds to enter the holding again, which will also drive the market upward. According to the 4-hour online analysis, the Bollinger Bands are still opening and running downward, but the momentum of short positions has begun to shrink. , indicating that this wave of decline has encountered strong support. Looking at the hourly line, it shows a low-level shock situation. The current market is still in a long-short game. Although there is a rebound in the short-term, it has not yet reached the conditions for a strong rebound. If you If you don’t know how to operate, if you have been losing money during the operation, you can subscribe to the official account. Tang Sizhe will explain your doubts. I don’t recommend operating before the intraday market comes out. The fluctuation range is not large, and the market is more tangled. As for how to operate the market after breaking the position, everyone can follow the trend. If the market has a big rebound first, you can enter the market with more orders before breaking through the 50,000 mark. I still believe in the purchasing power of the market.
The trend of Ethereum received a slightly negative negative column yesterday, indicating that the market decline has eased after a wave of dips. No matter how it goes, unless a large positive column is collected again within the day, the market will continue to fall. From a technical point of view, the short trend is still relatively obvious. Looking at the daily line, the Bollinger Bands are currently running in a narrow range and intend to open downward. Once the market breaks through yesterday's low point, which is the support of 1550, the market is bound to go up. Continue to run downward, at least the current situation on the daily line is like this. Looking at the 4-hour line, the decline of Ethereum has eased, the Bollinger Bands have begun to flatten, and the reversal of the attached indicator MACD indicates that the market will fluctuate Rebound, but under the influence of the general environment, the rebound is not expected to be strong. Looking at the hourly line, the low-level consolidation trend is obvious. After a wave of rebound, the market has successfully risen to the upper line of the Bollinger Band. It is currently under pressure at this position. If the trend continues in the short term Back below 1600, then the bears will continue to make efforts, and the market is expected to continue to extend downward. On the whole, the intraday long-short trading is more cautious, and the current point is not very good to enter the market. If the top breaks 1630, the short-term market will have Wave rebound, if it falls below the 1600 position first, the short position will open, everyone can grasp these two positions in operation, if the market maintains in the 1600-1630 range, it does not make much sense to operate
