Analysis of the thinking of the big cake in the afternoon of July 23

Looking back at the morning market, the big cake first rose and fell in the morning. After Bitcoin rose strongly to around 120250 in the morning, it began to fall back to a low of 118424. The overall market this morning was still mainly based on correction and repair. The real risk is never the decline itself, but the impulse to be led by panic. Slowing down and waiting for signals can better keep the confidence than rushing to act. The market is not short of opportunities, but lacks the determination to not panic when it falls and not be greedy when it rises.

From the latest four-hour chart, the market presents a volatile pattern of alternating big positive and big negative. The currency price has repeatedly tested the pressure and support levels above and below, but has never achieved an effective breakthrough. It has repeatedly sawed in the range, showing a slow downward trend as a whole. The current currency price is running between the middle and lower tracks of the Bollinger Bands. Combined with this pattern, it is expected that the market will continue the volatile trend in the short term, and a rebound can be seen first. Looking at the short-term hourly line, the Bollinger Bands are slowly closing, the market is running below the middle track, and the bulls and bears continue to play. Before a clear direction appears, the short-term will still be dominated by shocks, so the later operation strategy is still to choose low to buy more.

On Wednesday afternoon, it is recommended to arrange long orders in the 117800-118300 range for big cakes, and the target is 121000

On Wednesday afternoon, it is recommended to arrange long orders in the 3650-3680 range for the second cake, and the target is 3800#稳定币监管风暴 $BTC