【Today's Market Analysis-BTC-1.9】
This is only for technical analysis learning, not for investment opening advice. Profits and losses are at your own risk
😽1. Daily line: Allow me to scold a bunch of idiots first. Numbers in the 8s and 7s are nothing. I have already seen people shouting for numbers in the 4s.
👉【Very important quantity and price analysis】Let me first state the conclusion, which is good news.
① From the daily line, yesterday's daily line closed with a needle, and the overall trading volume was low. From the perspective of long and short trading volumes, the long trading volume was greater than the short trading volume. But this is the line of Binance.
② I looked at the BTCUSD trading pairs on Coinbase and Bitfinex. The overall trading volume was low, but the short trading volume was slightly larger than the long trading volume, which showed that the market makers were still deliberately suppressing the price. However, it also showed that retail investors on Binance were trying to grab the market makers’ chips (bearish, but not a big drop).
③ The multiple spikes around 95 over the past few days and the overall trading volume corresponding to yesterday's K is decreasing, indicating that the bottom at 95 is almost formed.
In summary, intraday, the price will oscillate downwards until we see that the intraday USD trading volume of longs on Coinbase and Bitfinex exceeds that of shorts, then be ready to fly. Of course, this is just a washout, don't be afraid, the overall trading volume is not large.
👉【Intraday Position】
There is a high probability that the price will retrace to around 929. 973 is the intraday top. There is a significant amount of capital suppressing the price at the current top, making it impossible to go up, but don't worry, when it's time to fly, the big player will remove this suppressive capital, gently pull it, and a large bullish candle will go up.
😽2. 15min: Details reveal the devil.
① The large bullish candle from last night corresponds to the K at 1:30 in 15min, which showed a bullish K with a long lower shadow. However, in actual trading volume, the short trading volume exceeded the long trading volume, indicating the strong support at this position and the return of bullish strength.
② Both Binance and Coinbase, Bitfinex show consistent performance. Although there are slight signs of retail investors grabbing the chips from the big players on the higher daily levels, this is not evident in the 15MIN smaller levels, so this is a good phenomenon.
✊【Big Player Capital Monitoring】
Ballet had a net capital inflow of $596 million yesterday, while Grayscale had a net capital outflow of $125 million. Please savor it carefully.
Intraday trading strategy: just spot trading, buy on dips. Don't listen to a bunch of clueless people chatting all day, one moment it's 8, another it's 7, then 4; this is a bull market washout, not a pig slaughtering. Temporarily hold no contracts #比特币价格走势分析 #加密市场回调 .
