2.5 Market Analysis

The market fluctuated violently last night, showing a V-shaped trend of rapid decline and rebound. It is currently fluctuating below 100,000 and is generally in a downward channel.

MACD indicator: MACD at the hourly level moves below the zero axis, and both DIF and DEA are negative. Although there are signs of golden cross, the short-selling force is dominant.

EMA indicator: EMA7 is lower than EMA30, and EMA120 is much higher than the current price, indicating that the short-term trend is weak and the upward resistance is large. At present, the big cake market is intertwined with long and short positions, and the short-selling has a slight advantage.

Today's operation suggestion is to continue shorting after rebounding to the 99500-99000 line, and the short-term target below is 97800-96800. $BTC #AI概念币强势反弹