The scalp is tingling, this trend is really dragging on endlessly. Although we know that trading is light, it has already been oscillating for several days. I want to greedily see an increase in volume. Yesterday, it dropped 1700 miles to 105800 without any exit, and sold at 105200, only advancing by a little over 500 miles. It then went south again, advancing 600 miles in the morning before selling. It is what it is, no need to overthink. This position of 10500 has been horizontal for 6️⃣ days, a new small trend is not far away, let's first talk about the viewpoints.
1️⃣ In terms of trend structure, the macd 3️⃣ day 5️⃣ day or weekly lines are all contracting, approaching a death cross. The kdj has either already formed a death cross or is about to converge, all heading towards weakness.
2️⃣ If the beautiful fruit wants to use BTC to offset US debt, then it must first pull up the market, which is the previous major level of 10. Then it will retrace to 75000, at which point a very small number of fruit investors have already entered. So they pull the market again to maximize the hype; those who entered earlier have tasted the benefits and want to encourage other fruit investors to join in, but have not succeeded, as they are completely indifferent. Here comes the interesting part: if it pulls up again, it will be even less possible to enter, after all, there is no substantial visibility. So it can only retrace deeply, and then hype it up again; only in this way can it attract other fruit investors to join in.
3️⃣ Currently, the beautiful fruit's US debt is almost at a point where it cannot pay interest anymore. It either has to choose to cut interest rates, but it currently does not meet the conditions for cutting rates, and the risk factor is high. The Federal Reserve does not dare to cut rates lightly. So at this point, the main entity is in a dilemma. A collapse is imminent in the next couple of days.
105300 to 105800 is nearby, first look at 102000. Then look at 100600. Long-term 9.5 to 9.6 #美国加征关税 #BTC走势分析 $BTC
