Good morning, brothers. I opened the market this morning and found that Bitcoin had taken a plunge, and then quickly recovered to above 117,000 near 116,000. The situation of Ethereum is similar, it plunged and quickly recovered. Bitcoin daily line has a series of spindle lines, which have been around for about a week. Although it did not fall below the previous box lower rail support near 115,600 in the morning, it can also be seen as a further test by the shorts. The daily MACD high dead cross diverges downward, the underwater red column increases, and the KDJ diverges downward. The 4-hour and hourly levels will be more obvious. Ethereum closed with a cross star. This cross star was closed at the last minute when it hit the 4K mark, which also implies that the bulls are not as strong as before. The high-level transactions also began to shrink. The KDJ overbought area continued to stick together. Further closing is needed to confirm whether there is a reversal signal.
If the intraday cake rebounds, short it. Pay attention to the suppression of 119500-120000 above and the support of 115500-116000 below. If it falls below the support again, you can see the 112000 mentioned by the teaching chain.
118000-118500 near the 119000, make up the 119500, and defend 119500 The target is 116000, and the breakout is likely to be 112000
If it falls back again but does not break 116000, it can continue to rise, and look at 118500-119000
On the one hand, the high-level shock is relatively strong, and opportunities will be prompted here during the trading session. The support recovery effect near 2750-70 is obvious. The left side can rely on this to test short-term longs. If it falls back again, you can add a kong on the right. #稳定币监管风暴 #Strategy增持比特币 $BTC