A week has passed quietly. The market trend this week is simple and clear. It has been moving downward at the beginning of the week, breaking the new low of 94,000 and touching around 93,000. Then it began to rebound from the bottom in a V-shaped structure and rose to around 99,500. Later, it retreated more than 3,000 points when it was under pressure again for several hours at midnight today. Now it is hovering at a neutral position of 96,500, which is also the middle node of this week. This week, we also publicly gave several short orders, all of which took a good space, totaling more than 10,000 points. As I said before, before the trend becomes clear, you only need to find a good range and go long and short in this range. Don’t think about chasing one side blindly, which is not in line with actual expectations. The short-term structure is still dominated by shorts.

From the overall structure, Bitcoin hit the top yesterday, 99500 was under pressure, and it broke through the middle track and ran in the middle and lower range. The short-term rebound has been carried out with the middle track as resistance. First pay attention to the breakthrough near the middle track 96800. If it does not break, it will continue to look down. The three tracks of the daily K Bollinger band are still in an opening and moving downward. Although the MACD is short, the KDJ is still dead cross downward, and the RSI is also turning downward, showing a certain short trend as a whole.

Pie is short around 96800-97400, looking at 94000

Auntie is short around 2700-2710, looking at 2600$BTC $ETH $XRP #bybit被盗 #Hashdex获准在巴西推出XRPETF