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Market Review: Bitcoin rebounded from the 34200 level yesterday but faced pressure and fell back, with the lowest retracement reaching the 33390 level. Our strategy was to look for a minimum of 33300, and the overall trend basically perfectly matched our strategy, which is really nice.

Market Analysis: The four-hour BOLL structure is in a parallel state with a contracted band, and the coin price is running below the middle track. Yesterday, it fell to explore the bottom, and after touching the lower track, it collected the lower shadow. The short position failed to continue, and overall, it is still in a range-bound oscillation in the middle and lower track area. The MACD fast and slow lines are diverging downwards, and the energy column is biased towards the short side, so it is still recommended to refer to the rebound for shorting during the day.

Bitcoin intraday suggestion: Short the rebound in the 34200-34100 area, with a target of 33500-33300. The points are for reference only.

A nationally registered senior financial analyst with a master's degree in finance, rich practical trading experience, and unique trading concepts. He has unique research on the currency circle, Bitcoin, and Ethereum, and is one of the earliest veteran analysts in the investment field in China. If you need cooperation and assistance, you can private message the teacher or follow @沐长青-说趋势

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