After the interest rate meeting, a small door was drawn, revisiting the support around 90,000 as expected. The big coin surged upwards following the US stock market, rebounding again to test the area around 94,000.
After a rebound during the day, the stagnation is obvious, and it is not recommended to chase longs at the small scale. The risk-reward ratio is too poor.
The small-scale consolidation structure has emerged, so we will treat it with a consolidation oscillation approach for now. In the evening, pay attention to the lower edge of the consolidation at 90,000 for another revisit, confirming effective support before continuing to look for a rebound upwards.
If it is broken down with volume, quick action is required to take profit when chasing down. Below, 88,000 is where to guard against longs.
Resistance above: 93,530/94,500/95,400
Support below: 89,500/88,000/86,000
The previous surge was rapid and fierce, with a significant pullback. The strong bullish trend at a small level is starting to weaken.
Narrow fluctuations during the day, with the overall market showing significant stagnation. No suggestion to chase long positions at the current position.
Focus on the pullback test around 3300 in the evening. After breaking through and stabilizing, continue to look for the extension of the rebound.
If the overall market continues to decline and breaks below 3200, there is still room for a downward adjustment.
Defend the long position around 3080.
Resistance above: 3300/3386/3440/
Support below: 3180/3080/2980
After the pullback to 129 and stopping the decline, rebound quickly began. Almost recovered the drop from the interest rate meeting. Short-term capital inflow is significant.
No suggestion to chase high positions.
In the evening, pay attention to the price performance around the pullback of 133-135. The stop of the decline has gained support, and further rebound extension will be observed.
The major resistance remains around 144, with a wide-ranging consolidation structure. Until a breakthrough occurs, treat it with a wide fluctuation mindset.
Resistance above: 141.4/144.3/147.7
Support below: 133/128/120.1/113
