The direction is clear, no simulation or ambiguous analysis is done, for reference only
News: Today's Fear and Greed Index is 68. 1. The Chicago Board Options Exchange (Cboe) has approved the listing application of Fidelity Bitcoin Spot ETF. 2. The US SEC will hold a meeting with Nasdaq and other exchanges today to finalize the 196-4S opinions submitted to Bitcoin Spot ETF issuers. 3. The number of independent participating addresses of Ethereum Domain Name Service ENS has exceeded 800,000, which is good for ENS and the market has been pulled up. 4. CoinShares: The inflow of crypto investment products in 2023 is 2.25 billion US dollars, which is the third largest year since 2017. 5. In the past 24 hours, the entire network has exploded 696 million US dollars, and the total market value of cryptocurrencies is now 1.719 trillion US dollars. A bloody case caused by a piece of news.
Technical aspect: Matrixport reported last night that Bitcoin ETF may be rejected, triggering a sharp decline in the market, with the big cake falling by about 11% and the copycat falling by more than 20%. The daily level directly fell from the upper Bollinger track to the lower track, and closed below the middle Bollinger track, indicating that the game strength of the long and short sides is balanced and weaker. The 4-hour level was closing the Bollinger horn yesterday. Although it fell rapidly, it still did not break the closing rhythm. This wave of decline may be the beginning of a wide range of fluctuations in the 4-hour level. MACD has not yet gone below the zero axis and is supported on the Vegas channel. At the 1-hour level, there was a door-drawing market. The Bollinger line directly opened the horn downward. Now there is a closing action. MACD forms a golden cross below the zero axis, and there will be a short-term rebound. From the market point of view, although the decline did not continue, the rebound was not strong. At the 15-minute level, MACD is close to the zero axis, but the market is in the bottom consolidation form and has not rebounded strongly. This is the performance of a weak rebound. It is necessary to prevent a second bottoming adjustment. In fact, it was not a big drop last night. At most, it was a contract explosion. The real big drop has not yet come! #BTC #比特币BTC #区块链[超话]
