Bitcoin halved today. According to history, the market is expected to rise generally after halving, but this time the market did not fluctuate much before and after halving, indicating that the market has digested the expectation of rising in advance. At present, there have been strong long-short divergences in the past two days. Yesterday's daily line closed with a very narrow entity, and the upper and lower shadows were very long, indicating that there was a great competition between long and short. From the bottom, it closed with a very strong support. At present, it is still a bullish trend. As long as today's daily line does not fall below yesterday's entity, the market is likely to form a V-shaped reversal. Of course, this is just a simple technical analysis of the market. It must be combined with the macro aspect. At present, the expectation of the US interest rate cut has been digested by the market again, and the liquidity of ETF funds is also relatively weak, so watch more and do less during this period.
Disclaimer: Only for technical analysis, not as any investment basis
