Just like you are a small snowball, there is a starting point in the snowy forest, and you are not sure which way to roll. But you might as well start rolling, anyway, there is snow everywhere, and rolling anywhere will make you thicker. You may have taken a detour, or later found that the direction was wrong, but you have become stronger after all, and finally become a big snowball. After becoming bigger, roll to where you want to go, and you will always be faster.

Bitcoin Market Analysis

BTC's weekly K-line closed with a downward pin bar, and the K-line closing line showed a bearish trend. The KDJ indicator's three lines formed a dead cross above the 90 axis, and the MACD indicator's red solid kinetic energy column shrank. From the current weekly K-line perspective, the market is currently in a retracement support stage, with strong buying pressure below. The daily K-line is currently oscillating in the range of 60800 to 68500, and the current oscillation range is contracting. The market is temporarily under pressure below 68500, with the KDJ indicator's three lines forming a golden cross upward, and the MACD indicator's green hollow kinetic energy column shrinking. From the daily perspective, the market's low point is rising, and it is currently in a stage of triangular oscillation convergence. If the market can re-stand above 68500, it will once again attempt to reach a new high. In the short term, the 4-hour market has formed an irregular W-shaped double bottom in recent days, and the market is currently under pressure below 68000, with the KDJ indicator's three lines turning downward at the 90 axis, and the MACD indicator's red solid kinetic energy column shrinking. There is a trend of retracement in the short term, and the short-term focus is on the support level of 66000. In summary: the current short-term 4-hour market and daily market are both in the stage of range oscillation and absorption, with the retracement low point continuously rising. If the market can break through the strong pressure level of 68500, it is highly likely to break through to a new high. It is recommended to focus on long positions at a lower level.

BTC Strategy

Long at 65400--65200

ETH Strategy

Long at 3420--3400

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It is often the last key that opens the door.

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