In the afternoon, the price of Bitcoin surged again, and the price of Bitcoin reached around 99,800. Then it ushered in a small correction. It is still fluctuating above 99,000. We have seen a lot from morning to night, and the idea is verified as expected. Today, we arranged two orders for Bitcoin. The long order directly gained more than 2,000 points of space, and Ethereum simultaneously won 100 points. This is the benefit of following the trend. Following the right person and doing the right thing can make you take a lot of detours. The price of Bitcoin has adjusted to around 99,500.
From the current trend, the volume of bulls is about to end. It is obvious that the upper 100,000 mark has not been broken for a long time. The pressure from above has also given a very obvious suppression. Moreover, from the hourly level, the price in the Bollinger band is close to the upper track, and the upward attack is weak. It may return to the lower middle track at any time; the three lines of the KDJ indicator are in the overbought area, and the J value has turned downward, and the short-term bullish power is exhausted; the column line in the MACD indicator is shortened, the bulls are weakened, and the bears are strengthened. The red column may disappear and turn green. In summary, multiple indicators release bearish signals.
Big Pie idea: short around 99800, target 98000
Ether idea: short around 1970, target 1900
