Friday, evening Bitcoin market analysis and ideas sharing!
In recent times, the overall market sentiment has been low, resulting in a slow white plate market. Whether it is a rebound or a retracement, it is just two simple words: range! It is nothing more than the overall range moving up and down, and no large unilateral market conditions have been formed. In this rhythm, what we have to do is to operate around the short-term shock range to operate short-term.
Today, the white plate is still as slow as ever, and the big cake has been fluctuating around 98,000 by hundreds of points. The overnight coin price broke through 98,500 and fell back, but there was still no continuity, indicating that the pressure is still there. At the same time, the trend structure on the daily line has not changed, and the step-by-step retracement pattern is still there. Before the pattern changes, it still insists on rebounding, not reversing. Be firm in one direction and do it. Don't waver and chase ups and downs because of short-term repetitions.
In terms of operation, try to choose short-term as the main, this rhythm is not suitable for too much pattern, just like our short-term thinking yesterday, first long and then short, give space to go, don't be greedy, after all, it is yours to eat.
At present, the 98500 line has been unable to stabilize. In terms of evening thinking, it is better to go short first, and pay attention to the 96000 line below. The defense remains unchanged. On Friday, if there is a change in the US market, adjust it in the market. At the same time, the position should not be too heavy, and enough space for response should be reserved.
