7.20 Morning Analysis of the Big Pancake Auntie Market
From the current market, the overall trend is still in a rhythm of oscillating downward.
The price retreated all the way to 117200 in the early morning. There is a lack of obvious volume signals in the short term, and the possibility of achieving an effective breakthrough is low.
From the four-hour level, the three lines of the Bollinger Bands are almost in a parallel divergent state, showing that the long-short game is relatively balanced, and the market is in a transitional period of direction selection.
In terms of MACD, the fast line has gradually approached the zero axis, and there are obvious signs of weakening momentum. The market is running between the middle and lower tracks of the Bollinger Bands, and the overall trend is a small K-line adjustment pattern of broken Yang and broken Yin. In the short term, there is a tendency to continue to explore the support of the lower track of the Bollinger Bands.
Therefore, there is no need to adjust the operation ideas in the morning. It is still mainly based on high altitude and supplemented by rebound short selling. Follow the trend
Big cake can be around: 118300 - 118800, target 116900 - 116400,
Auntie can be around: 3620 - 3640, target 3520 - 3480#BTC走势分析