#BTC $BTC
B completed a round of short-term roller coaster market, after a sprint to a historical high, it wobbled back to the mid-point of the range, and after a brief struggle, it broke below the bullish-bearish boundary again and started a bearish arrangement back to the bottom of the range. Coupled with the external environment, it briefly tested support yesterday and rebounded. In the short term, we still expect a wide range box fluctuation market, and the areas of 112000 and 122000 are gradually being confirmed.
E also started to move down to find support after this round of new highs. In the overall market, it remains the strongest and maintains a bullish form, but the previous support has not gained much recognition from both sides, so the key positions now are at 3900 and 3450. 3900 is the ideal right-side entry area, while 3450 can serve as the last position for defending support at the bottom of the range. If it breaks here, then it will return to bearish.
S has been very accommodating this week, oscillating in the interesting area mentioned last week for over 48 hours. The current situation is that there is still a divergence between both sides in this area of bullish-bearish exchange. If the market can lead strongly, there may be a LH or even HH appearance, but if the overall market remains sluggish, then S will definitely replicate last month's late trend as the main force of the bears. Remember to set stop-loss positions in advance and make more right-side trades.
