Daily level:

The daily level continued to close in the negative yesterday, closing in the negative for three consecutive days and completely falling below the daily level box

As the downward trend continues, the downward cycle begins, and the overall decline increases, and the selling force continues to strengthen.

The view of the falling relay mentioned yesterday was verified again, and the market will gradually move towards a new falling cycle.

Panic sentiment gradually spreads, selling sentiment continues to strengthen, and buying sentiment continues to weaken

After the box is broken, market sentiment and buying and selling forces continue to initiate and continue in a one-sided trend.

Once a major trend emerges, it is difficult to reverse. At present, the daily level will continue to spread from the market stage of falling relay to the market cycle of the large falling cycle.

The market may not end until there is clear support at the 112-hour level and the daily level, or there is initial buying in the continuous positive trend.

Four-hour level:

The positive K lines that appear in the overall downward trend at the four-hour level are all weak rebound K lines.

And while it is rising in a weak rebound trend, there is strong pressure

This indicates that the market's selling sentiment continues to increase and the buying power of the small cycle is gradually weakening.

After the price reached the current lowest point of 82222, a cross star positive line and a positive line appeared

However, they are all weak rebound positive lines, and the overall rise and real part are small

For weak rebounds under unilateral trends and market stages with less buying

There will definitely be a small level of strong pressure area, pay attention to the 4-hour level and below the strong pressure area

There may be some high-quality short-selling opportunities

One hour level:

After breaking through the upper box bottom of 88000 at the one-hour level, it continued to fall.

The rebound performance after the price reached the bottom of 82222 was not ideal.

And there is currently an obvious high pressure line (not a range)

Pressure line: around 85350, indicating that the pressure is strong and the fluctuation is gradually decreasing

Focus on the stress test and verification around 85350

And whether there is an obvious turning point in the pressure area and a confirmation candlestick

A large cycle of unilateral decline at the daily level caused by a large weekly correction

There is no strong buying and the buying power is gradually weakening in the market environment.

The trading idea can only be traded and extended based on the idea of ​​high-short trading.

Yesterday's article review:

Yesterday’s article was titled “Downward Relay” and the price at that time was 89,000

Today's lowest price is: 82222, a drop of about 6000 points

Important points mentioned at the daily level yesterday:

1，

Yesterday, the daily level showed the first decline in price performance

2，

But it should be noted that the daily level is only hindered by the decline

3，

I haven't seen any continued positive trend or buying at the daily level.

4，

The decline has not yet ended and the market is still in a downtrend.

5，

Market sentiment remains strong with panic selling sentiment

6，

It is still necessary to note that the trend has not ended, the market stage is in the stage of falling relay, and the weekly level large correction mentioned the day before yesterday still exists.

7，

The four-hour level rebound is just a weak rebound caused by the settlement of profit-taking and low-level orders.

8，

There was a lack of buying power during the weak rebound, and a 4-hour pressure zone appeared:

89200-90000

9，

The four-hour level is still in the adjustment stage. During the adjustment process, we should focus on the test of the pressure level. If it breaks through and stabilizes, it will be a preliminary rebound confirmation.

10，

The one-hour level is in the range consolidation stage after the trend has emerged and the callback has ended.

Consistent with the four-hour level, we need to focus on the test of the upper pressure range

https://www.binance.info/zh-CN/square/post/20825899670481$BTC