Last night, the Bitcoin Trust of #贝莱德 was listed on the DTCC website.
The situation of disappearing and appearing from time to time has an impact on the market trend of #BTC
This obvious manipulation has caused many people on Twitter to start supporting #SEC
I think BlackRock's behavior is too ugly and should be punished.
Regarding this situation, I can only say that the manipulation of the financial market by capital has always been like this.
However, due to some characteristics of the cryptocurrency market
They don't even bother to hide it.
From the perspective of the market, it is obvious that the market has broken through this range of fluctuations.
However, without any new positive news, the market is expected to rebound.
From the weekly chart, there is no resistance above 3W7 to 3W8.
I think 3W5 is probably not the top of this wave.
Under the current market sentiment, the market price will at least reach 37,000 or more.
Let's look at the daily chart. After a rapid rise, there is often a short-term consolidation.
At this point, I think those who have learned the breakthrough theory should know how to do it.
As long as the correction does not break the previous high point, which is around 31800, it is a good position to take more.
Let's look at the 1-hour chart. From the 1-hour chart, we can see two key positions
One is the low point here, and the other is the imbalance area here
If the price of Bitcoin falls back, falls below this position, and recovers, it is an opportunity to open a long position.
Similarly, if the callback is deeper, the imbalance area here is also a long position.
After reviewing the market, I think the cost of the main force in this wave of rise should be in the range of 27,000-28,000.
And there is an obvious increase in positions around 3W
Therefore, the possibility of the price falling below 30,000 in the short term is very small.
At present, I think the market will fluctuate sideways around 3W2 to 3W5 for one to two weeks.
Then there will be the last wave of rush
