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Market review: This week, there have been consecutive days of wide-ranging fluctuations in the market, with both long and short positions fluctuating, and the price has fluctuated by more than 3000 points. It's time to take action on the current trend
Market analysis: The BOLL on the four-hour chart is in an open state, with 5 consecutive bearish candles testing the lower band and forming lower shadows. Currently, the price is testing the middle band. If it breaks through, the price will reverse back to the upside. On the daily chart, the candle has fallen to near the middle band, stabilizing and running above the middle band, indicating that the market is likely to continue the bullish trend after bottoming out.
BTC reference advice: Buy on the pullback to 36000-36100, with a target of 37500.
MgIGo:
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 cryptocurrency market, Bitcoin, and Ethereum, and is one of the earliest veteran analysts in the investment field in China. If you need cooperation or assistance, you can private message the teacher or follow @沐长青-说趋势.
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