Analysis and operational suggestions for the 4.1-4.2 market situation

CN
9 months ago

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 first. After all, 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 in the end and turned into a big snowball. After getting bigger, when you roll to where you want to go, you will always be faster.

Bitcoin Market Analysis

BTC market has continued to oscillate in a high range in recent days, with pressure below the 72000 level and support above the 68000 level. The daily KDJ indicator shows a turning down of the three lines at the 90 axis, and the MACD indicator shows a volume of green solid kinetic energy columns. From the current trend of the daily chart, the market has failed to break through the strong pressure at the 72000 level several times, and the bullish momentum has appeared tired. There is a trend of accumulating momentum for a pullback in the market. In the short term, the 4-hour market has formed a short-term M-shaped double top pattern, with the KDJ indicator running downward and the MACD indicator showing a volume of green solid kinetic energy columns. In the short term, attention should be paid to the integer support at 68000 below. If it breaks, there is a possibility of probing the 66000 level. On the weekly K line, the closing line of last week was a solid positive K, and the market is under pressure at the 72000 level. The K line of this week has formed a bald negative K so far on Monday, with the KDJ indicator running above the 90 axis and the MACD indicator showing a shrinking volume of red solid kinetic energy columns. From the weekly K line perspective, the current large-scale trend is still in a bullish trend. The main chart K line has turned from a downward pin negative K to a positive K last week. Although the market opened with a bald negative K this week, it is very likely to rebound after the market oscillates and absorbs funds. It is recommended to focus on being long at a low level.

BTC Strategy Long at 69000-69300

ETH Strategy Long at 3463-3436

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It is often the last key that opens the door.

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