Saturday: Morning market analysis and operation suggestions!

Bitcoin showed an overall trend of rising first and then falling in yesterday's trend, but the degree of decline was relatively small. A round of rush to the 62700 area in the morning encountered resistance, and then the market formed a gradual downward trend, reaching the lowest point of 59500 and then rising again, playing back and forth. There is a sense of reshuffle. Although the pull-up yesterday was relatively large, up to several thousand points, the possibility of a change in the market is also relatively large!

From the 4-hour chart, the market trend wanders in a wide range, and the upper side has been pressed many times, and the support line has not been broken through many times. At present, it is in urgent need of a breakthrough in a wide range. It is in a stage of sideways consolidation and accumulation of strength. The moving average indicators are scattered and it is difficult to get out of a unilateral trend in the short term. And because the strength of the market is difficult to determine, the short-term continuous volume is insufficient. Today is still expected to end with shocks. In terms of operation, combine the hourly pattern to find the right time for ultra-short-term operation. The volatility base is relatively large. Accurately control the entry point in the volatile market. If you don’t know how to grasp it, come to me!

Saturday morning operation

For operation, I personally recommend shorting 61300-61700,

The target is around 60000, and it is expected to continue!

The current situation is so favorable. If you insist on your own opinion, you will definitely get nothing. You should stop in time and reflect deeply. Don’t blindly follow the market and do it recklessly. Why let yourself get hurt!