-Introduction to thinking: Don’t be greedy in good times, don’t be angry in adversity, and be wise with a calm mind!
Yesterday, after Bitcoin retreated slightly to the 4055 line, the overall market price of the white market was also in a turbulent recovery operation. Until the evening, the bulls gradually exerted their strength and fluctuated upward. With the announcement of long orders in the early morning news, it also rose strongly to the 43475 line. The resistance fell back, and the current situation is running near 42780.
From the four-hour level, the K line bottomed out and rebounded upward, breaking the middle rail. It is currently running within the middle and upper rail range, the lower rail recovered upwards, and the retracement has once again come to an end. The current bullish momentum has not been exhausted, and the distance is There is still some room for the upper track. You can focus on 44500, switch from top to bottom, and treat the mid-track 42300 as the current resistance. This position is also a defensive position for many people to gain without breaking it! Combined with the hourly structure reaching the top, there are signs of retracement in the short term, but the retracement is just a repair and has little momentum. Just be bullish around 42500 during the day!
Operation suggestions
The market is mostly around 42500-700, and the target is the 43500 area.
