The key to the change is tonight⚠️❗️❗️
At present, BTC has been fluctuating around 65,000-67,000 for two consecutive days. If this is Sunday, it is normal, but now it is a weekday, and the market has not fluctuated much. Today, Mentougou transferred 3.2 BTC again, but it did not cause any more waves on the Bitcoin market, and even achieved price increases. This is a bit strange.
Since BTC hit 70,000, the price has fallen by nearly 5,000 points due to the US selling BTC. At present, the short position has increased dramatically, and the short position at 69,000 has reached 900 million US dollars, while the long position has a gap near 66,000, and basically no one buys at this position.
At present, BTC has been blocked near 66,700. Both the long and short sides do not have much funds at this position, which means that everyone is waiting for the direction of the main force and then getting on the bus. At present, the entire market needs a news stimulus to explode the market.
BTC four hours, MACD has bottomed out and rebounded, KDJ low golden cross has formed, OBV has risen to the purple line, there are signs of rebound, but the daily level is still a bearish trend. Let's see if this wave of 4 hours can break this bearish trend. If this wave of rebound can successfully stand on 67318, it means that the market has reversed and is still a bullish trend. At the same time, we should also focus on the position of 64977 below. If it falls below this position, it means that the bullish trend is gone and the 5-wave rise cannot be completed, so the C-wave correction will begin.
At present, the bulls and bears are still fighting fiercely. It is expected that a needle will appear this evening to disrupt everyone's judgment, so the best way before there is a clear trend is to wait.
