$BTC First of all, 🎉To celebrate the fact that my followers have exceeded 100, leave a message below this article. Binance has a contract gift box event. I will give out a contract gift box worth 20 USDT to the first 10 friends who leave a message❗️
Let’s talk about the trend! The short order opened at 68500 yesterday fell to 65500 today. After the pin was inserted, it was withdrawn twice with volume. More importantly, the daily closing line was once again pulled above 66500. This is the last two daily closing levels. Above 66500, it indicates that this position is a position that bulls must defend‼ ️For this reason, I have just stopped the profit of the short order first, to give a reference to friends who have opened short orders above 68,000, so that they can pocket profits first.
So what should we do next? Frankly speaking, I think the market situation in the past two days has been very fierce in the competition between bulls and bears. After the trend turned bearish, bulls were able to hold on at key positions. Therefore, I chose to wait and see in the past two days unless the price changed at key positions.
In addition, there is another point of view, which is the ETH/BTC exchange rate. Recently, the exchange rate has continued to hit new lows. My current view is that it has not yet reached the lowest level, and there is a high probability that it will fall below 0.32. How can it be achieved? Or should Bitcoin suck its blood and rise sharply? Well, Bitcoin continues to fall again, driving Ethereum and altcoins to break through the bottom... But regardless of the situation, the subsequent price is bound to fluctuate greatly. My personal opinion is that there should be another wave of 5,000 points of decline... This is my personal subjective opinion. , there is no technical analysis to support it.
👍Order location:
Whenever the daily line closes below 66500 (close the line!), if the price is between 66000-66500 at that time, I will not hesitate to go short. However, if the price closes and has dropped to the 64000 area, I will choose to sell at the support level. The position is to enter the market long, and currently maintains the previous view of 63500 to enter the market long.
