Thursday, Bitcoin rebounded in the morning session, looking at the wide fluctuations and tug-of-war!!
Recently, the direction has been focused on high positions, and the short term is also in a 27-game winning streak. I believe friends who follow Xu Bin are watching closely. We only speak with the most genuine data. I am not a forever-profitable blogger; both long and short positions can be profitable. It is unrealistic to make money from start to finish in a trending market; among the weak waters, I only take one ladle. Everyone should understand this for themselves.
The 4-hour chart saw a series of low-position continuous gains directly hitting the upper band. The middle band stabilized and rebounded to the upper band. Yesterday, there was a slight pause at 84400, which is close to the pressure area of the upper band, while the upper band of the Bollinger Bands is also around 84500. Currently, it is still in a parallel closing phase. In the short term, before breaking the range, we should still look for resistance near the upper band. Breakthrough before adjusting the strategy. Back-and-forth tug-of-war and repeated short runs are the main strategy for now.
BTC Short-Term: 84000–84500 Sell Target 81500 Break 78000
ETH Short-Term: 1920–1940 Sell Target 1820
The short-term winning streak is ongoing, and the operations are not ideal. If you have positions that are not well managed, you can consult Xu Bin. #CPI数据来袭 #乌俄停火 #美国加征关税 #加密市场反弹 #MtGox钱包动态 $ETH $BTC