The main players are buying again, but the market is declining instead of rising. Is it a distortion of human nature or a decline in morality? Welcome to the large-scale bull-bear defense battle in the crypto circle. This is T r o y, and I am today’s speaker,牧神一, you can call me Ah Mu!
Back to the market, the current price is 106947, which is a key position. The current decline in the 4-hour K-line cycle is 0.26%, which is not significant. The previous high of 108249 and the daily low of 106500 form a clear oscillation box, and the current price is closer to the lower support. It is particularly noteworthy that the EMA60 moving average has a slight upward trend, indicating that there is some room for the overall market to rise.
The MACD indicator shows that the DIF is far above the DEA, and combined with the volume, it forms an initial signal of a top divergence.
The TD sequence signal indicates a reversal. Early bulls have made significant profits, and combined with the current high position of BTC, this may be a result of profit-taking by the bulls leading to downward pressure.
In summary, from a 4-hour perspective, there are no strong bullish or bearish signals appearing overall, so we can treat it as a market oscillation within the box. Lightly short near 108000, add positions at 109000, stop loss at 11000. The first target is to reduce positions at 106500. If the market tests 105500 and breaks down, you can continue to hold. If it does not break, it is recommended to exit completely. #香港加密概念股 $BTC