Monday morning, big cake, concubine, strategy sharing
After the price of Bitcoin experienced an intraday correction and stabilized at the 89,400 level, the market rebounded again, and the current price fluctuated narrowly around 91,200. For several consecutive days, the cross star K line appeared on the daily chart, showing signs of high-level consolidation. At the weekend, the price retreated after a second surge, and finally closed with a cross-shaped small negative K line. At present, the daily chart shows a horizontal consolidation pattern, which is a normal adjustment after a series of large positive lines. The price is stable above the moving average, and seeks balance in frequent ups and downs.
From a technical point of view, the price fell below the 90,000 mark yesterday. Combined with the indicator analysis on the daily chart, corrections may be required in the short term. In short-term trading, the price failed to continue to break through the integer mark of 92,000. In short, the current market volatility has intensified, and it may show a trend of shock consolidation in the short term. Investors need to pay close attention to changes in indicators and flexibly adjust their operating strategies.
BTC short-term: retracement to 89000-89500, target 92000,
ETH short-term: retracement to 3030-3000, target 3100
Due to physical reasons, rest for a while, currently recovering, keep updating posts normally #Solana涨势分析 #交易所BTC储备量创2018年以来新低 #市场回调,观望还是上车? $BTC