Intraday Market Analysis

Good afternoon, brothers. The weekend market has started to consolidate again, but the overall upward momentum is still present. The minor level trend has not broken down yet. Pay attention to the bottom support of the consolidation zone at 837. Defensive support at 830. As long as the four-hour closing does not fall below the defensive support at 830, it indicates that this wave of upward movement is not over, and the market will continue to rise. The upper target resistance is initially set at 853. If it breaks through, we will look at 865-875. In this range, consider short positions only at this range; do not short lightly until reaching the corresponding resistance points.

Long positions can wait for a pullback to the 837-830 range to try with light positions. If the four-hour closing breaks below 830, you must exit manually because breaking below this level will weaken the rebound, and the market will test the support range of 810-800 again.

Currently, the aunt is still in a four-hour level fluctuation, but the one-hour level has completed the consolidation. The lower defensive support is at 1900. As long as the four-hour closing does not fall below this level, the market continues to look bullish. Currently, do not blindly look for shorts; the upper target resistance is initially at 1960. If it breaks through, we will look at around 2019. Once both resistance levels are broken, the upper space can reach around 2150-2200. The key support at 1900 must not be broken. For those holding long positions, if the four-hour closing breaks below 1900, you can exit manually, as the market will continue to fluctuate. The fluctuation range support is at 1860-1830.#美国数字资产储备 #美国2月PPI数据低于预期 #btc走勢