5.7 afternoon cake suggestion, the same name cough
#BTC $BTC The market in the afternoon has finished again. The market is in the consolidation and repair stage after the morning high of cake. The price ratio has fallen after failing to break through the upper pressure level since the morning. The short position has not been able to continue further. At present, the overall market is fluctuating around 96500 and running below the middle track. Ethereum is always in sync with the trend of cake. It rose to 1850 in the morning and then fell under pressure. The price ratio is also fluctuating around 1830.
From the current market, yesterday's daily closing line showed a medium-sized positive K. The two consecutive positive closing lines also recovered all the lost ground after the big cake rushed up and fell back in the previous two days. Today's daily line turned negative, and the upper shadow line was longer than the lower shadow line, indicating that the pressure from above was relatively large and the bulls could not get further breakthroughs. From the 4-hour level line, the big cake first went through a short shock, and then three consecutive positives rose and then turned negative, which was quite similar to the previous five-wave high trend. Both tested the pressure of the upper 98,000 mark and fell back after no results. It is highly likely that the previous trend will continue and show a volatile downward trend. We can maintain the idea of swinging in the afternoon operation, grasp the entry point, and make corresponding treatments in time according to the situation of the market, all based on the actual market.
Big cake can be short at 96,800-97,300, with a target of around 95,500, and ether can be short at 1830-1860, with a target of around 1760.
