Good afternoon, friends. I am Lao Meng. The trend of the market in the early morning is consistent with what I mentioned last night, showing a slight increase, with the highest point reaching 10.19. In the early morning, there was a pull to 10.26 before a retracement, and the current coin price is 10.16, with a drop of over 1000 points!
The 4-hour candlestick chart is running in the middle and upper bands of the Bollinger Bands, with the fast and slow lines moving parallel without any crossing trend, and there is no obvious unilateral market. Lao Meng estimates that it will oscillate back and forth in the range of 10.10-10.25. I still recommend the strategy of shorting high and buying low to keep the risks to a minimum. Don't be overly concerned about the points taken, as not losing is equivalent to gaining, with Ethereum synchronizing with Bitcoin.
Investment requires caution; don't let greed ruin your tomorrow. Stay calm, assess the situation, and you can smile confidently in the investment arena. #BTC重回关键位置后走势