5.4 Evening Thought Analysis
The Bitcoin market showed a volatile 📉 trend over the weekend, with a fluctuation range of 952-965. Yesterday's high reached 966, and today it fell back to around 952. It is noteworthy that when the market hit the bottom support level of 955 midway, there was a significant buying surge up to 962, forming a 700-point 📈 increase, which confirmed the validity of the 955 support level. Currently, it has dropped to 95200, which does not truly break the 955 support level, leaning more towards a false breakout to clear liquidity; the overall bullish pattern remains unchanged. In the evening, we first look for a rebound near 970, then consider high 🈳 entry. Be sure to set stop-losses and avoid opposing the market trends.
Personal suggestions are for reference only $BTC $ETH #欧盟隐私币禁令
The Bitcoin market showed a volatile 📉 trend over the weekend, with a fluctuation range of 952-965. Yesterday's high reached 966, and today it fell back to around 952. It is noteworthy that when the market hit the bottom support level of 955 midway, there was a significant buying surge up to 962, forming a 700-point 📈 increase, which confirmed the validity of the 955 support level. Currently, it has dropped to 95200, which does not truly break the 955 support level, leaning more towards a false breakout to clear liquidity; the overall bullish pattern remains unchanged. In the evening, we first look for a rebound near 970, then consider high 🈳 entry. Be sure to set stop-losses and avoid opposing the market trends.
Personal suggestions are for reference only $BTC $ETH #欧盟隐私币禁令
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BTC
94,196.61
-1.35%
ETH
1,806.11
-1.33%
